GOLD PRICE IN JAPANESE YEN — NOVEMBER 29, 2016
💱 XAU/JPY · Tuesday, November 29, 2016
On Tuesday, November 29, 2016, the gold spot price was C$1,592.18 per troy ounce in Canadian Dollars, equivalent to ¥166,064.37 JPY per ounce or ¥5,339.09 JPY per gram. Gold fell -1.06% 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 29, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,592.18 | C$51.19 | C$51,189.70 |
| JPY | ¥166,064.37 | ¥5,339.09 | ¥5,339,085.87 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,599.28 | ¥166,804.90 |
| High | C$1,601.43 | ¥167,029.15 |
| Low | C$1,580.79 | ¥164,876.40 |
| Close | C$1,592.18 | ¥166,064.37 |