GOLD PRICE IN JAPANESE YEN — DECEMBER 29, 2017
💱 XAU/JPY · Friday, December 29, 2017
On Friday, December 29, 2017, the gold spot price was C$1,641.43 per troy ounce in Canadian Dollars, equivalent to ¥171,201.15 JPY per ounce or ¥5,504.24 JPY per gram. Gold rose +0.27% 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 29, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,641.43 | C$52.77 | C$52,773.12 |
| JPY | ¥171,201.15 | ¥5,504.24 | ¥5,504,236.78 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,626.23 | ¥169,615.79 |
| High | C$1,641.43 | ¥171,201.15 |
| Low | C$1,625.98 | ¥169,589.71 |
| Close | C$1,641.43 | ¥171,201.15 |