GOLD PRICE IN JAPANESE YEN — AUGUST 15, 2016
💱 XAU/JPY · Monday, August 15, 2016
On Monday, August 15, 2016, the gold spot price was C$1,736.85 per troy ounce in Canadian Dollars, equivalent to ¥181,153.46 JPY per ounce or ¥5,824.21 JPY per gram. Gold rose +0.14% 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 — AUGUST 15, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,736.85 | C$55.84 | C$55,840.94 |
| JPY | ¥181,153.46 | ¥5,824.21 | ¥5,824,210.39 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,731.93 | ¥180,640.30 |
| High | C$1,737.24 | ¥181,194.13 |
| Low | C$1,728.17 | ¥180,248.13 |
| Close | C$1,736.85 | ¥181,153.46 |