GOLD PRICE IN JAPANESE YEN — APRIL 8, 2016
💱 XAU/JPY · Friday, April 8, 2016
On Friday, April 8, 2016, the gold spot price was C$1,632.65 per troy ounce in Canadian Dollars, equivalent to ¥170,285.40 JPY per ounce or ¥5,474.80 JPY per gram. Gold rose +0.96% 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 8, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,632.65 | C$52.49 | C$52,490.84 |
| JPY | ¥170,285.40 | ¥5,474.80 | ¥5,474,794.65 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,630.67 | ¥170,078.88 |
| High | C$1,633.04 | ¥170,326.07 |
| Low | C$1,618.85 | ¥168,846.06 |
| Close | C$1,632.65 | ¥170,285.40 |