GOLD PRICE IN JAPANESE YEN — DECEMBER 2, 2016
💱 XAU/JPY · Friday, December 2, 2016
On Friday, December 2, 2016, the gold spot price was C$1,563.69 per troy ounce in Canadian Dollars, equivalent to ¥163,092.87 JPY per ounce or ¥5,243.55 JPY per gram. Gold fell -0.19% 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 — DECEMBER 2, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,563.69 | C$50.27 | C$50,273.73 |
| JPY | ¥163,092.87 | ¥5,243.55 | ¥5,243,549.84 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,559.97 | ¥162,704.87 |
| High | C$1,566.62 | ¥163,398.47 |
| Low | C$1,552.12 | ¥161,886.12 |
| Close | C$1,563.69 | ¥163,092.87 |