GOLD PRICE IN JAPANESE YEN — DECEMBER 1, 2017
💱 XAU/JPY · Friday, December 1, 2017
On Friday, December 1, 2017, the gold spot price was C$1,648.55 per troy ounce in Canadian Dollars, equivalent to ¥171,943.76 JPY per ounce or ¥5,528.12 JPY per gram. Gold rose +0.67% 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 — DECEMBER 1, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,648.55 | C$53.00 | C$53,002.04 |
| JPY | ¥171,943.76 | ¥5,528.12 | ¥5,528,112.41 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,642.49 | ¥171,311.71 |
| High | C$1,661.19 | ¥173,262.12 |
| Low | C$1,638.50 | ¥170,895.55 |
| Close | C$1,648.55 | ¥171,943.76 |