GOLD PRICE IN JAPANESE YEN — SEPTEMBER 8, 2016
💱 XAU/JPY · Thursday, September 8, 2016
On Thursday, September 8, 2016, the gold spot price was C$1,722.08 per troy ounce in Canadian Dollars, equivalent to ¥179,612.94 JPY per ounce or ¥5,774.69 JPY per gram. Gold fell -0.28% 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 8, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,722.08 | C$55.37 | C$55,366.08 |
| JPY | ¥179,612.94 | ¥5,774.69 | ¥5,774,681.88 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,732.38 | ¥180,687.23 |
| High | C$1,733.16 | ¥180,768.59 |
| Low | C$1,720.66 | ¥179,464.84 |
| Close | C$1,722.08 | ¥179,612.94 |