GOLD PRICE IN JAPANESE YEN — APRIL 4, 2016
💱 XAU/JPY · Monday, April 4, 2016
On Monday, April 4, 2016, the gold spot price was C$1,587.78 per troy ounce in Canadian Dollars, equivalent to ¥165,605.45 JPY per ounce or ¥5,324.34 JPY per gram. Gold rose +0.00% 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 4, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,587.78 | C$51.05 | C$51,048.24 |
| JPY | ¥165,605.45 | ¥5,324.34 | ¥5,324,331.27 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,592.61 | ¥166,109.22 |
| High | C$1,593.39 | ¥166,190.58 |
| Low | C$1,583.87 | ¥165,197.64 |
| Close | C$1,587.78 | ¥165,605.45 |