GOLD PRICE IN JAPANESE YEN — OCTOBER 5, 2017
💱 XAU/JPY · Thursday, October 5, 2017
On Thursday, October 5, 2017, the gold spot price was C$1,584.71 per troy ounce in Canadian Dollars, equivalent to ¥165,285.25 JPY per ounce or ¥5,314.04 JPY per gram. Gold fell -0.39% 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 5, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,584.71 | C$50.95 | C$50,949.54 |
| JPY | ¥165,285.25 | ¥5,314.04 | ¥5,314,036.58 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,594.57 | ¥166,313.65 |
| High | C$1,594.57 | ¥166,313.65 |
| Low | C$1,581.84 | ¥164,985.91 |
| Close | C$1,584.71 | ¥165,285.25 |