GOLD PRICE IN JAPANESE YEN — FEBRUARY 23, 2016
💱 XAU/JPY · Tuesday, February 23, 2016
On Tuesday, February 23, 2016, the gold spot price was C$1,674.92 per troy ounce in Canadian Dollars, equivalent to ¥174,694.16 JPY per ounce or ¥5,616.54 JPY per gram. Gold rose +0.43% 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 — FEBRUARY 23, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,674.92 | C$53.85 | C$53,849.85 |
| JPY | ¥174,694.16 | ¥5,616.54 | ¥5,616,539.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,654.50 | ¥172,564.35 |
| High | C$1,680.12 | ¥175,236.52 |
| Low | C$1,654.50 | ¥172,564.35 |
| Close | C$1,674.92 | ¥174,694.16 |