GOLD PRICE IN JAPANESE YEN — NOVEMBER 14, 2016
💱 XAU/JPY · Monday, November 14, 2016
On Monday, November 14, 2016, the gold spot price was C$1,651.83 per troy ounce in Canadian Dollars, equivalent to ¥172,285.87 JPY per ounce or ¥5,539.12 JPY per gram. Gold fell -2.68% 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 14, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,651.83 | C$53.11 | C$53,107.49 |
| JPY | ¥172,285.87 | ¥5,539.12 | ¥5,539,111.29 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,660.76 | ¥173,217.27 |
| High | C$1,663.06 | ¥173,457.16 |
| Low | C$1,637.22 | ¥170,762.05 |
| Close | C$1,651.83 | ¥172,285.87 |