GOLD PRICE IN JAPANESE YEN — FEBRUARY 19, 2016
💱 XAU/JPY · Friday, February 19, 2016
On Friday, February 19, 2016, the gold spot price was C$1,690.31 per troy ounce in Canadian Dollars, equivalent to ¥176,299.33 JPY per ounce or ¥5,668.15 JPY per gram. Gold rose +0.79% 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 19, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,690.31 | C$54.34 | C$54,344.65 |
| JPY | ¥176,299.33 | ¥5,668.15 | ¥5,668,146.97 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,690.86 | ¥176,356.70 |
| High | C$1,693.61 | ¥176,643.52 |
| Low | C$1,678.50 | ¥175,067.55 |
| Close | C$1,690.31 | ¥176,299.33 |