GOLD PRICE IN JAPANESE YEN — DECEMBER 14, 2016
💱 XAU/JPY · Wednesday, December 14, 2016
On Wednesday, December 14, 2016, the gold spot price was C$1,525.30 per troy ounce in Canadian Dollars, equivalent to ¥159,088.79 JPY per ounce or ¥5,114.82 JPY per gram. Gold rose +0.46% 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 14, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,525.30 | C$49.04 | C$49,039.46 |
| JPY | ¥159,088.79 | ¥5,114.82 | ¥5,114,815.96 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,523.33 | ¥158,883.32 |
| High | C$1,528.84 | ¥159,458.01 |
| Low | C$1,499.95 | ¥156,444.79 |
| Close | C$1,525.30 | ¥159,088.79 |