GOLD PRICE IN JAPANESE YEN — DECEMBER 7, 2017
💱 XAU/JPY · Thursday, December 7, 2017
On Thursday, December 7, 2017, the gold spot price was C$1,598.11 per troy ounce in Canadian Dollars, equivalent to ¥166,682.87 JPY per ounce or ¥5,358.97 JPY per gram. Gold fell -0.31% 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 7, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,598.11 | C$51.38 | C$51,380.36 |
| JPY | ¥166,682.87 | ¥5,358.97 | ¥5,358,971.04 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,614.09 | ¥168,349.59 |
| High | C$1,614.22 | ¥168,363.15 |
| Low | C$1,590.56 | ¥165,895.41 |
| Close | C$1,598.11 | ¥166,682.87 |