GOLD PRICE IN JAPANESE YEN — APRIL 29, 2016
💱 XAU/JPY · Friday, April 29, 2016
On Friday, April 29, 2016, the gold spot price was C$1,618.33 per troy ounce in Canadian Dollars, equivalent to ¥168,791.82 JPY per ounce or ¥5,426.78 JPY per gram. Gold rose +1.62% 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 29, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,618.33 | C$52.03 | C$52,030.44 |
| JPY | ¥168,791.82 | ¥5,426.78 | ¥5,426,775.14 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,590.84 | ¥165,924.61 |
| High | C$1,626.24 | ¥169,616.83 |
| Low | C$1,590.72 | ¥165,912.10 |
| Close | C$1,618.33 | ¥168,791.82 |