GOLD PRICE IN JAPANESE YEN — NOVEMBER 18, 2016
💱 XAU/JPY · Friday, November 18, 2016
On Friday, November 18, 2016, the gold spot price was C$1,635.86 per troy ounce in Canadian Dollars, equivalent to ¥170,620.20 JPY per ounce or ¥5,485.56 JPY per gram. Gold rose +0.16% 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 18, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,635.86 | C$52.59 | C$52,594.04 |
| JPY | ¥170,620.20 | ¥5,485.56 | ¥5,485,558.80 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,640.46 | ¥171,099.98 |
| High | C$1,640.46 | ¥171,099.98 |
| Low | C$1,634.10 | ¥170,436.63 |
| Close | C$1,635.86 | ¥170,620.20 |