GOLD PRICE IN JAPANESE YEN — DECEMBER 15, 2016
💱 XAU/JPY · Thursday, December 15, 2016
On Thursday, December 15, 2016, the gold spot price was C$1,498.37 per troy ounce in Canadian Dollars, equivalent to ¥156,279.99 JPY per ounce or ¥5,024.51 JPY per gram. Gold fell -1.77% 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 15, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,498.37 | C$48.17 | C$48,173.64 |
| JPY | ¥156,279.99 | ¥5,024.51 | ¥5,024,511.11 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,514.32 | ¥157,943.58 |
| High | C$1,518.97 | ¥158,428.57 |
| Low | C$1,493.19 | ¥155,739.72 |
| Close | C$1,498.37 | ¥156,279.99 |