GOLD PRICE IN JAPANESE YEN — OCTOBER 16, 2015
💱 XAU/JPY · Friday, October 16, 2015
On Friday, October 16, 2015, the gold spot price was C$1,521.28 per troy ounce in Canadian Dollars, equivalent to ¥158,669.50 JPY per ounce or ¥5,101.34 JPY per gram. Gold fell -0.88% 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, 2015
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,521.28 | C$48.91 | C$48,910.22 |
| JPY | ¥158,669.50 | ¥5,101.34 | ¥5,101,335.62 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,519.87 | ¥158,522.44 |
| High | C$1,521.92 | ¥158,736.26 |
| Low | C$1,511.77 | ¥157,677.61 |
| Close | C$1,521.28 | ¥158,669.50 |