GOLD PRICE IN JAPANESE YEN — DECEMBER 9, 2016
💱 XAU/JPY · Friday, December 9, 2016
On Friday, December 9, 2016, the gold spot price was C$1,529.83 per troy ounce in Canadian Dollars, equivalent to ¥159,561.27 JPY per ounce or ¥5,130.01 JPY per gram. Gold fell -1.12% 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 9, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,529.83 | C$49.19 | C$49,185.11 |
| JPY | ¥159,561.27 | ¥5,130.01 | ¥5,130,006.49 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,539.33 | ¥160,552.12 |
| High | C$1,542.23 | ¥160,854.59 |
| Low | C$1,525.34 | ¥159,092.96 |
| Close | C$1,529.83 | ¥159,561.27 |