GOLD PRICE IN JAPANESE YEN — JANUARY 17, 2018
💱 XAU/JPY · Wednesday, January 17, 2018
On Wednesday, January 17, 2018, the gold spot price was C$1,662.49 per troy ounce in Canadian Dollars, equivalent to ¥173,397.71 JPY per ounce or ¥5,574.86 JPY per gram. Gold rose +0.20% 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 — JANUARY 17, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,662.49 | C$53.45 | C$53,450.22 |
| JPY | ¥173,397.71 | ¥5,574.86 | ¥5,574,857.66 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,658.02 | ¥172,931.49 |
| High | C$1,662.49 | ¥173,397.71 |
| Low | C$1,648.58 | ¥171,946.89 |
| Close | C$1,662.49 | ¥173,397.71 |