GOLD PRICE IN JAPANESE YEN — DECEMBER 8, 2017
💱 XAU/JPY · Friday, December 8, 2017
On Friday, December 8, 2017, the gold spot price was C$1,601.08 per troy ounce in Canadian Dollars, equivalent to ¥166,992.64 JPY per ounce or ¥5,368.93 JPY per gram. Gold rose +0.19% 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 8, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,601.08 | C$51.48 | C$51,475.84 |
| JPY | ¥166,992.64 | ¥5,368.93 | ¥5,368,930.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,602.49 | ¥167,139.71 |
| High | C$1,606.35 | ¥167,542.31 |
| Low | C$1,596.32 | ¥166,496.18 |
| Close | C$1,601.08 | ¥166,992.64 |