GOLD PRICE IN JAPANESE YEN — OCTOBER 6, 2016
💱 XAU/JPY · Thursday, October 6, 2016
On Thursday, October 6, 2016, the gold spot price was C$1,646.86 per troy ounce in Canadian Dollars, equivalent to ¥171,767.50 JPY per ounce or ¥5,522.45 JPY per gram. Gold fell -1.36% 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 6, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,646.86 | C$52.95 | C$52,947.70 |
| JPY | ¥171,767.50 | ¥5,522.45 | ¥5,522,445.30 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,667.29 | ¥173,898.35 |
| High | C$1,667.29 | ¥173,898.35 |
| Low | C$1,646.86 | ¥171,767.50 |
| Close | C$1,646.86 | ¥171,767.50 |