GOLD PRICE IN JAPANESE YEN — DECEMBER 5, 2017
💱 XAU/JPY · Tuesday, December 5, 2017
On Tuesday, December 5, 2017, the gold spot price was C$1,599.33 per troy ounce in Canadian Dollars, equivalent to ¥166,810.12 JPY per ounce or ¥5,363.07 JPY per gram. Gold fell -1.32% 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 5, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,599.33 | C$51.42 | C$51,419.58 |
| JPY | ¥166,810.12 | ¥5,363.07 | ¥5,363,062.09 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,616.82 | ¥168,634.33 |
| High | C$1,617.33 | ¥168,687.52 |
| Low | C$1,597.30 | ¥166,598.39 |
| Close | C$1,599.33 | ¥166,810.12 |