GOLD PRICE IN JAPANESE YEN — OCTOBER 4, 2017
💱 XAU/JPY · Wednesday, October 4, 2017
On Wednesday, October 4, 2017, the gold spot price was C$1,590.88 per troy ounce in Canadian Dollars, equivalent to ¥165,928.78 JPY per ounce or ¥5,334.73 JPY per gram. Gold fell -0.04% 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 4, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,590.88 | C$51.15 | C$51,147.91 |
| JPY | ¥165,928.78 | ¥5,334.73 | ¥5,334,726.56 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,591.00 | ¥165,941.30 |
| High | C$1,599.74 | ¥166,852.88 |
| Low | C$1,586.26 | ¥165,446.92 |
| Close | C$1,590.88 | ¥165,928.78 |