GOLD PRICE IN JAPANESE YEN — SEPTEMBER 1, 2016
💱 XAU/JPY · Thursday, September 1, 2016
On Thursday, September 1, 2016, the gold spot price was C$1,720.19 per troy ounce in Canadian Dollars, equivalent to ¥179,415.82 JPY per ounce or ¥5,768.35 JPY per gram. Gold rose +0.58% 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 — SEPTEMBER 1, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,720.19 | C$55.31 | C$55,305.31 |
| JPY | ¥179,415.82 | ¥5,768.35 | ¥5,768,344.11 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,711.14 | ¥178,471.90 |
| High | C$1,721.37 | ¥179,538.89 |
| Low | C$1,706.16 | ¥177,952.49 |
| Close | C$1,720.19 | ¥179,415.82 |