GOLD PRICE IN JAPANESE YEN — FEBRUARY 16, 2006
💱 XAU/JPY · Thursday, February 16, 2006
On Thursday, February 16, 2006, the gold spot price was C$631.72 per troy ounce in Canadian Dollars, equivalent to ¥65,888.40 JPY per ounce or ¥2,118.36 JPY per gram. Gold rose +1.11% 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 16, 2006
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$631.72 | C$20.31 | C$20,310.24 |
| JPY | ¥65,888.40 | ¥2,118.36 | ¥2,118,358.05 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$623.62 | ¥65,043.57 |
| High | C$631.72 | ¥65,888.40 |
| Low | C$621.54 | ¥64,826.62 |
| Close | C$631.72 | ¥65,888.40 |