GOLD PRICE IN JAPANESE YEN — OCTOBER 27, 2016
💱 XAU/JPY · Thursday, October 27, 2016
On Thursday, October 27, 2016, the gold spot price was C$1,695.68 per troy ounce in Canadian Dollars, equivalent to ¥176,859.42 JPY per ounce or ¥5,686.16 JPY per gram. Gold rose +0.41% 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 27, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,695.68 | C$54.52 | C$54,517.30 |
| JPY | ¥176,859.42 | ¥5,686.16 | ¥5,686,154.28 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,697.68 | ¥177,068.02 |
| High | C$1,697.68 | ¥177,068.02 |
| Low | C$1,695.68 | ¥176,859.42 |
| Close | C$1,695.68 | ¥176,859.42 |