GOLD PRICE IN JAPANESE YEN — SEPTEMBER 7, 2016
💱 XAU/JPY · Wednesday, September 7, 2016
On Wednesday, September 7, 2016, the gold spot price was C$1,726.87 per troy ounce in Canadian Dollars, equivalent to ¥180,112.54 JPY per ounce or ¥5,790.75 JPY per gram. Gold fell -1.02% 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 7, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,726.87 | C$55.52 | C$55,520.08 |
| JPY | ¥180,112.54 | ¥5,790.75 | ¥5,790,744.27 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,732.14 | ¥180,662.20 |
| High | C$1,734.84 | ¥180,943.81 |
| Low | C$1,726.36 | ¥180,059.35 |
| Close | C$1,726.87 | ¥180,112.54 |