GOLD PRICE IN JAPANESE YEN — APRIL 7, 2016
💱 XAU/JPY · Thursday, April 7, 2016
On Thursday, April 7, 2016, the gold spot price was C$1,617.05 per troy ounce in Canadian Dollars, equivalent to ¥168,658.32 JPY per ounce or ¥5,422.49 JPY per gram. Gold rose +0.66% 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 7, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,617.05 | C$51.99 | C$51,989.29 |
| JPY | ¥168,658.32 | ¥5,422.49 | ¥5,422,482.89 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,602.14 | ¥167,103.20 |
| High | C$1,625.81 | ¥169,571.98 |
| Low | C$1,601.87 | ¥167,075.04 |
| Close | C$1,617.05 | ¥168,658.32 |