GOLD PRICE IN JAPANESE YEN — AUGUST 17, 2016
💱 XAU/JPY · Wednesday, August 17, 2016
On Wednesday, August 17, 2016, the gold spot price was C$1,727.16 per troy ounce in Canadian Dollars, equivalent to ¥180,142.79 JPY per ounce or ¥5,791.72 JPY per gram. Gold fell -1.07% 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 17, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,727.16 | C$55.53 | C$55,529.40 |
| JPY | ¥180,142.79 | ¥5,791.72 | ¥5,791,716.73 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,730.76 | ¥180,518.27 |
| High | C$1,733.07 | ¥180,759.20 |
| Low | C$1,721.88 | ¥179,592.08 |
| Close | C$1,727.16 | ¥180,142.79 |