GOLD PRICE IN JAPANESE YEN — DECEMBER 12, 2016
💱 XAU/JPY · Monday, December 12, 2016
On Monday, December 12, 2016, the gold spot price was C$1,527.55 per troy ounce in Canadian Dollars, equivalent to ¥159,323.47 JPY per ounce or ¥5,122.36 JPY per gram. Gold fell -0.15% 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 12, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,527.55 | C$49.11 | C$49,111.80 |
| JPY | ¥159,323.47 | ¥5,122.36 | ¥5,122,360.93 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,520.72 | ¥158,611.10 |
| High | C$1,528.07 | ¥159,377.70 |
| Low | C$1,513.76 | ¥157,885.17 |
| Close | C$1,527.55 | ¥159,323.47 |