GOLD PRICE IN JAPANESE YEN — NOVEMBER 16, 2017
💱 XAU/JPY · Thursday, November 16, 2017
On Thursday, November 16, 2017, the gold spot price was C$1,626.77 per troy ounce in Canadian Dollars, equivalent to ¥169,672.11 JPY per ounce or ¥5,455.08 JPY per gram. Gold rose +0.07% 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 — NOVEMBER 16, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,626.77 | C$52.30 | C$52,301.79 |
| JPY | ¥169,672.11 | ¥5,455.08 | ¥5,455,077.14 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,626.90 | ¥169,685.67 |
| High | C$1,626.90 | ¥169,685.67 |
| Low | C$1,626.77 | ¥169,672.11 |
| Close | C$1,626.77 | ¥169,672.11 |