GOLD PRICE IN JAPANESE YEN — SEPTEMBER 16, 2016
💱 XAU/JPY · Friday, September 16, 2016
On Friday, September 16, 2016, the gold spot price was C$1,718.30 per troy ounce in Canadian Dollars, equivalent to ¥179,218.69 JPY per ounce or ¥5,762.01 JPY per gram. Gold fell -0.85% 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 16, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,718.30 | C$55.24 | C$55,244.55 |
| JPY | ¥179,218.69 | ¥5,762.01 | ¥5,762,006.34 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,726.72 | ¥180,096.90 |
| High | C$1,727.25 | ¥180,152.18 |
| Low | C$1,718.30 | ¥179,218.69 |
| Close | C$1,718.30 | ¥179,218.69 |