GOLD PRICE IN JAPANESE YEN — DECEMBER 16, 2015
💱 XAU/JPY · Wednesday, December 16, 2015
On Wednesday, December 16, 2015, the gold spot price was C$1,479.92 per troy ounce in Canadian Dollars, equivalent to ¥154,355.66 JPY per ounce or ¥4,962.65 JPY per gram. Gold rose +1.43% 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, 2015
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,479.92 | C$47.58 | C$47,580.46 |
| JPY | ¥154,355.66 | ¥4,962.65 | ¥4,962,642.39 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,461.80 | ¥152,465.74 |
| High | C$1,480.88 | ¥154,455.78 |
| Low | C$1,461.11 | ¥152,393.77 |
| Close | C$1,479.92 | ¥154,355.66 |