GOLD PRICE IN JAPANESE YEN — FEBRUARY 1, 2018
💱 XAU/JPY · Thursday, February 1, 2018
On Thursday, February 1, 2018, the gold spot price was C$1,653.76 per troy ounce in Canadian Dollars, equivalent to ¥172,487.17 JPY per ounce or ¥5,545.59 JPY per gram. Gold rose +0.12% 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 — FEBRUARY 1, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,653.76 | C$53.17 | C$53,169.54 |
| JPY | ¥172,487.17 | ¥5,545.59 | ¥5,545,583.19 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,653.14 | ¥172,422.50 |
| High | C$1,661.51 | ¥173,295.49 |
| Low | C$1,644.53 | ¥171,524.48 |
| Close | C$1,653.76 | ¥172,487.17 |