GOLD PRICE IN JAPANESE YEN — DECEMBER 16, 2010
💱 XAU/JPY · Thursday, December 16, 2010
On Thursday, December 16, 2010, the gold spot price was C$1,375.74 per troy ounce in Canadian Dollars, equivalent to ¥143,489.68 JPY per ounce or ¥4,613.30 JPY per gram. Gold fell -1.31% 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 16, 2010
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,375.74 | C$44.23 | C$44,231.00 |
| JPY | ¥143,489.68 | ¥4,613.30 | ¥4,613,293.72 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,386.29 | ¥144,590.05 |
| High | C$1,390.40 | ¥145,018.72 |
| Low | C$1,367.81 | ¥142,662.58 |
| Close | C$1,375.74 | ¥143,489.68 |