GOLD PRICE IN JAPANESE YEN — FEBRUARY 18, 2016
💱 XAU/JPY · Thursday, February 18, 2016
On Thursday, February 18, 2016, the gold spot price was C$1,676.99 per troy ounce in Canadian Dollars, equivalent to ¥174,910.06 JPY per ounce or ¥5,623.48 JPY per gram. Gold fell -0.13% 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 18, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,676.99 | C$53.92 | C$53,916.40 |
| JPY | ¥174,910.06 | ¥5,623.48 | ¥5,623,480.77 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,654.42 | ¥172,556.01 |
| High | C$1,694.90 | ¥176,778.07 |
| Low | C$1,643.48 | ¥171,414.96 |
| Close | C$1,676.99 | ¥174,910.06 |