GOLD PRICE IN JAPANESE YEN — SEPTEMBER 9, 2016
💱 XAU/JPY · Friday, September 9, 2016
On Friday, September 9, 2016, the gold spot price was C$1,718.62 per troy ounce in Canadian Dollars, equivalent to ¥179,252.07 JPY per ounce or ¥5,763.08 JPY per gram. Gold fell -0.20% 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 9, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,718.62 | C$55.25 | C$55,254.84 |
| JPY | ¥179,252.07 | ¥5,763.08 | ¥5,763,079.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,729.48 | ¥180,384.76 |
| High | C$1,729.48 | ¥180,384.76 |
| Low | C$1,715.91 | ¥178,969.41 |
| Close | C$1,718.62 | ¥179,252.07 |