GOLD PRICE IN JAPANESE YEN — APRIL 18, 2016
💱 XAU/JPY · Monday, April 18, 2016
On Monday, April 18, 2016, the gold spot price was C$1,601.09 per troy ounce in Canadian Dollars, equivalent to ¥166,993.69 JPY per ounce or ¥5,368.97 JPY per gram. Gold rose +1.13% 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 18, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,601.09 | C$51.48 | C$51,476.16 |
| JPY | ¥166,993.69 | ¥5,368.97 | ¥5,368,963.93 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,607.71 | ¥167,684.15 |
| High | C$1,610.82 | ¥168,008.53 |
| Low | C$1,599.27 | ¥166,803.86 |
| Close | C$1,601.09 | ¥166,993.69 |