GOLD PRICE IN JAPANESE YEN — FEBRUARY 26, 2016
💱 XAU/JPY · Friday, February 26, 2016
On Friday, February 26, 2016, the gold spot price was C$1,652.10 per troy ounce in Canadian Dollars, equivalent to ¥172,314.03 JPY per ounce or ¥5,540.02 JPY per gram. Gold fell -2.63% 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 26, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,652.10 | C$53.12 | C$53,116.17 |
| JPY | ¥172,314.03 | ¥5,540.02 | ¥5,540,016.68 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,669.16 | ¥174,093.39 |
| High | C$1,678.24 | ¥175,040.43 |
| Low | C$1,641.80 | ¥171,239.74 |
| Close | C$1,652.10 | ¥172,314.03 |