GOLD PRICE IN JAPANESE YEN — APRIL 22, 2016
💱 XAU/JPY · Friday, April 22, 2016
On Friday, April 22, 2016, the gold spot price was C$1,563.43 per troy ounce in Canadian Dollars, equivalent to ¥163,065.75 JPY per ounce or ¥5,242.68 JPY per gram. Gold fell -1.01% 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 22, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,563.43 | C$50.27 | C$50,265.37 |
| JPY | ¥163,065.75 | ¥5,242.68 | ¥5,242,677.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,588.63 | ¥165,694.11 |
| High | C$1,588.63 | ¥165,694.11 |
| Low | C$1,562.54 | ¥162,972.92 |
| Close | C$1,563.43 | ¥163,065.75 |