GOLD PRICE IN JAPANESE YEN — APRIL 6, 2016
💱 XAU/JPY · Wednesday, April 6, 2016
On Wednesday, April 6, 2016, the gold spot price was C$1,606.51 per troy ounce in Canadian Dollars, equivalent to ¥167,558.99 JPY per ounce or ¥5,387.14 JPY per gram. Gold rose +0.01% 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 6, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,606.51 | C$51.65 | C$51,650.42 |
| JPY | ¥167,558.99 | ¥5,387.14 | ¥5,387,138.92 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,616.89 | ¥168,641.63 |
| High | C$1,616.89 | ¥168,641.63 |
| Low | C$1,600.07 | ¥166,887.30 |
| Close | C$1,606.51 | ¥167,558.99 |