GOLD PRICE IN JAPANESE YEN — DECEMBER 5, 2016
💱 XAU/JPY · Monday, December 5, 2016
On Monday, December 5, 2016, the gold spot price was C$1,563.81 per troy ounce in Canadian Dollars, equivalent to ¥163,105.38 JPY per ounce or ¥5,243.96 JPY per gram. Gold rose +0.01% 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 5, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,563.81 | C$50.28 | C$50,277.59 |
| JPY | ¥163,105.38 | ¥5,243.96 | ¥5,243,952.24 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,574.20 | ¥164,189.06 |
| High | C$1,580.73 | ¥164,870.14 |
| Low | C$1,541.17 | ¥160,744.03 |
| Close | C$1,563.81 | ¥163,105.38 |