GOLD PRICE IN JAPANESE YEN — APRIL 1, 2016
💱 XAU/JPY · Friday, April 1, 2016
On Friday, April 1, 2016, the gold spot price was C$1,587.71 per troy ounce in Canadian Dollars, equivalent to ¥165,598.15 JPY per ounce or ¥5,324.10 JPY per gram. Gold fell -0.87% 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 — APRIL 1, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,587.71 | C$51.05 | C$51,045.99 |
| JPY | ¥165,598.15 | ¥5,324.10 | ¥5,324,096.54 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,600.83 | ¥166,966.57 |
| High | C$1,604.60 | ¥167,359.78 |
| Low | C$1,570.82 | ¥163,836.53 |
| Close | C$1,587.71 | ¥165,598.15 |