GOLD PRICE IN JAPANESE YEN — SEPTEMBER 2, 2016
💱 XAU/JPY · Friday, September 2, 2016
On Friday, September 2, 2016, the gold spot price was C$1,731.16 per troy ounce in Canadian Dollars, equivalent to ¥180,559.99 JPY per ounce or ¥5,805.13 JPY per gram. Gold rose +0.64% 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 2, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,731.16 | C$55.66 | C$55,658.01 |
| JPY | ¥180,559.99 | ¥5,805.13 | ¥5,805,130.01 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,714.79 | ¥178,852.60 |
| High | C$1,737.18 | ¥181,187.87 |
| Low | C$1,714.27 | ¥178,798.36 |
| Close | C$1,731.16 | ¥180,559.99 |