GOLD PRICE IN JAPANESE YEN — OCTOBER 16, 2013
💱 XAU/JPY · Wednesday, October 16, 2013
On Wednesday, October 16, 2013, the gold spot price was C$1,329.75 per troy ounce in Canadian Dollars, equivalent to ¥138,692.93 JPY per ounce or ¥4,459.08 JPY per gram. Gold rose +0.92% 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 — OCTOBER 16, 2013
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,329.75 | C$42.75 | C$42,752.39 |
| JPY | ¥138,692.93 | ¥4,459.08 | ¥4,459,074.62 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,330.58 | ¥138,779.49 |
| High | C$1,331.83 | ¥138,909.87 |
| Low | C$1,316.48 | ¥137,308.86 |
| Close | C$1,329.75 | ¥138,692.93 |