GOLD PRICE IN JAPANESE YEN — OCTOBER 3, 2017
💱 XAU/JPY · Tuesday, October 3, 2017
On Tuesday, October 3, 2017, the gold spot price was C$1,591.54 per troy ounce in Canadian Dollars, equivalent to ¥165,997.62 JPY per ounce or ¥5,336.94 JPY per gram. Gold rose +0.26% from the previous trading session.
Currency fluctuations between CAD and JPY significantly impact the effective cost of gold for international investors. Japan is the world's third-largest economy and a significant gold consumer, particularly for jewelry and industrial applications. The Bank of Japan's ultra-loose monetary policy has historically supported higher gold prices in Yen terms, making Japan an active gold market for both institutional and retail investors.
PRICE COMPARISON — OCTOBER 3, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,591.54 | C$51.17 | C$51,169.13 |
| JPY | ¥165,997.62 | ¥5,336.94 | ¥5,336,939.75 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,589.28 | ¥165,761.90 |
| High | C$1,593.79 | ¥166,232.30 |
| Low | C$1,587.91 | ¥165,619.01 |
| Close | C$1,591.54 | ¥165,997.62 |