GOLD PRICE IN JAPANESE YEN — OCTOBER 20, 2017
💱 XAU/JPY · Friday, October 20, 2017
On Friday, October 20, 2017, the gold spot price was C$1,594.28 per troy ounce in Canadian Dollars, equivalent to ¥166,283.40 JPY per ounce or ¥5,346.13 JPY per gram. Gold fell -0.62% 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 20, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,594.28 | C$51.26 | C$51,257.22 |
| JPY | ¥166,283.40 | ¥5,346.13 | ¥5,346,127.84 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,597.03 | ¥166,570.23 |
| High | C$1,597.03 | ¥166,570.23 |
| Low | C$1,594.28 | ¥166,283.40 |
| Close | C$1,594.28 | ¥166,283.40 |