GOLD PRICE IN JAPANESE YEN — OCTOBER 17, 2017
💱 XAU/JPY · Tuesday, October 17, 2017
On Tuesday, October 17, 2017, the gold spot price was C$1,606.70 per troy ounce in Canadian Dollars, equivalent to ¥167,578.81 JPY per ounce or ¥5,387.78 JPY per gram. Gold fell -0.94% 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 17, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,606.70 | C$51.66 | C$51,656.53 |
| JPY | ¥167,578.81 | ¥5,387.78 | ¥5,387,776.05 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,621.85 | ¥169,158.96 |
| High | C$1,621.85 | ¥169,158.96 |
| Low | C$1,606.70 | ¥167,578.81 |
| Close | C$1,606.70 | ¥167,578.81 |