GOLD PRICE IN JAPANESE YEN — OCTOBER 26, 2016
💱 XAU/JPY · Wednesday, October 26, 2016
On Wednesday, October 26, 2016, the gold spot price was C$1,688.76 per troy ounce in Canadian Dollars, equivalent to ¥176,137.67 JPY per ounce or ¥5,662.95 JPY per gram. Gold fell -0.54% 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 26, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,688.76 | C$54.29 | C$54,294.82 |
| JPY | ¥176,137.67 | ¥5,662.95 | ¥5,662,949.32 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,701.04 | ¥177,418.47 |
| High | C$1,701.04 | ¥177,418.47 |
| Low | C$1,688.76 | ¥176,137.67 |
| Close | C$1,688.76 | ¥176,137.67 |