GOLD PRICE IN JAPANESE YEN — OCTOBER 11, 2016
💱 XAU/JPY · Tuesday, October 11, 2016
On Tuesday, October 11, 2016, the gold spot price was C$1,649.83 per troy ounce in Canadian Dollars, equivalent to ¥172,077.27 JPY per ounce or ¥5,532.41 JPY per gram. Gold fell -0.07% 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 11, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,649.83 | C$53.04 | C$53,043.19 |
| JPY | ¥172,077.27 | ¥5,532.41 | ¥5,532,404.65 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,657.59 | ¥172,886.64 |
| High | C$1,657.59 | ¥172,886.64 |
| Low | C$1,649.83 | ¥172,077.27 |
| Close | C$1,649.83 | ¥172,077.27 |