GOLD PRICE IN JAPANESE YEN — OCTOBER 3, 2016
💱 XAU/JPY · Monday, October 3, 2016
On Monday, October 3, 2016, the gold spot price was C$1,719.06 per troy ounce in Canadian Dollars, equivalent to ¥179,297.96 JPY per ounce or ¥5,764.56 JPY per gram. Gold fell -0.48% 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 — OCTOBER 3, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,719.06 | C$55.27 | C$55,268.98 |
| JPY | ¥179,297.96 | ¥5,764.56 | ¥5,764,554.86 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,724.97 | ¥179,914.37 |
| High | C$1,729.30 | ¥180,365.99 |
| Low | C$1,718.01 | ¥179,188.44 |
| Close | C$1,719.06 | ¥179,297.96 |