GOLD PRICE IN JAPANESE YEN — NOVEMBER 9, 2016
💱 XAU/JPY · Wednesday, November 9, 2016
On Wednesday, November 9, 2016, the gold spot price was C$1,691.99 per troy ounce in Canadian Dollars, equivalent to ¥176,474.56 JPY per ounce or ¥5,673.78 JPY per gram. Gold fell -0.63% 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 — NOVEMBER 9, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,691.99 | C$54.40 | C$54,398.66 |
| JPY | ¥176,474.56 | ¥5,673.78 | ¥5,673,780.54 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,691.45 | ¥176,418.24 |
| High | C$1,753.14 | ¥182,852.50 |
| Low | C$1,688.53 | ¥176,113.68 |
| Close | C$1,691.99 | ¥176,474.56 |