GOLD PRICE IN JAPANESE YEN — OCTOBER 16, 2017
💱 XAU/JPY · Monday, October 16, 2017
On Monday, October 16, 2017, the gold spot price was C$1,621.89 per troy ounce in Canadian Dollars, equivalent to ¥169,163.13 JPY per ounce or ¥5,438.72 JPY per gram. Gold fell -0.11% 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 16, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,621.89 | C$52.14 | C$52,144.90 |
| JPY | ¥169,163.13 | ¥5,438.72 | ¥5,438,712.95 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,624.51 | ¥169,436.39 |
| High | C$1,626.75 | ¥169,670.03 |
| Low | C$1,611.90 | ¥168,121.17 |
| Close | C$1,621.89 | ¥169,163.13 |