GOLD PRICE IN JAPANESE YEN — OCTOBER 31, 2016
💱 XAU/JPY · Monday, October 31, 2016
On Monday, October 31, 2016, the gold spot price was C$1,704.06 per troy ounce in Canadian Dollars, equivalent to ¥177,733.46 JPY per ounce or ¥5,714.26 JPY per gram. Gold fell -0.20% 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 31, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,704.06 | C$54.79 | C$54,786.72 |
| JPY | ¥177,733.46 | ¥5,714.26 | ¥5,714,255.09 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,710.90 | ¥178,446.87 |
| High | C$1,710.90 | ¥178,446.87 |
| Low | C$1,704.06 | ¥177,733.46 |
| Close | C$1,704.06 | ¥177,733.46 |