GOLD PRICE IN JAPANESE YEN — OCTOBER 18, 2017
💱 XAU/JPY · Wednesday, October 18, 2017
On Wednesday, October 18, 2017, the gold spot price was C$1,599.62 per troy ounce in Canadian Dollars, equivalent to ¥166,840.37 JPY per ounce or ¥5,364.04 JPY per gram. Gold fell -0.44% 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 18, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,599.62 | C$51.43 | C$51,428.90 |
| JPY | ¥166,840.37 | ¥5,364.04 | ¥5,364,034.56 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,599.62 | ¥166,840.37 |
| High | C$1,599.62 | ¥166,840.37 |
| Low | C$1,599.62 | ¥166,840.37 |
| Close | C$1,599.62 | ¥166,840.37 |