GOLD PRICE IN JAPANESE YEN — DECEMBER 12, 2017
💱 XAU/JPY · Tuesday, December 12, 2017
On Tuesday, December 12, 2017, the gold spot price was C$1,591.84 per troy ounce in Canadian Dollars, equivalent to ¥166,028.91 JPY per ounce or ¥5,337.95 JPY per gram. Gold fell -0.47% 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 12, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,591.84 | C$51.18 | C$51,178.77 |
| JPY | ¥166,028.91 | ¥5,337.95 | ¥5,337,945.74 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,595.44 | ¥166,404.39 |
| High | C$1,599.43 | ¥166,820.55 |
| Low | C$1,589.27 | ¥165,760.86 |
| Close | C$1,591.84 | ¥166,028.91 |