GOLD PRICE IN JAPANESE YEN — OCTOBER 6, 2017
💱 XAU/JPY · Friday, October 6, 2017
On Friday, October 6, 2017, the gold spot price was C$1,598.25 per troy ounce in Canadian Dollars, equivalent to ¥166,697.48 JPY per ounce or ¥5,359.44 JPY per gram. Gold rose +0.85% 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 6, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,598.25 | C$51.38 | C$51,384.86 |
| JPY | ¥166,697.48 | ¥5,359.44 | ¥5,359,440.51 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,593.22 | ¥166,172.85 |
| High | C$1,598.75 | ¥166,749.63 |
| Low | C$1,584.30 | ¥165,242.49 |
| Close | C$1,598.25 | ¥166,697.48 |