GOLD PRICE IN JAPANESE YEN — FEBRUARY 9, 2016
💱 XAU/JPY · Tuesday, February 9, 2016
On Tuesday, February 9, 2016, the gold spot price was C$1,669.19 per troy ounce in Canadian Dollars, equivalent to ¥174,096.52 JPY per ounce or ¥5,597.33 JPY per gram. Gold rose +0.37% 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 9, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,669.19 | C$53.67 | C$53,665.63 |
| JPY | ¥174,096.52 | ¥5,597.33 | ¥5,597,324.89 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,655.26 | ¥172,643.62 |
| High | C$1,669.89 | ¥174,169.53 |
| Low | C$1,652.48 | ¥172,353.66 |
| Close | C$1,669.19 | ¥174,096.52 |