GOLD PRICE IN JAPANESE YEN — DECEMBER 22, 2016
💱 XAU/JPY · Thursday, December 22, 2016
On Thursday, December 22, 2016, the gold spot price was C$1,516.18 per troy ounce in Canadian Dollars, equivalent to ¥158,137.57 JPY per ounce or ¥5,084.24 JPY per gram. Gold rose +0.25% 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 22, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,516.18 | C$48.75 | C$48,746.25 |
| JPY | ¥158,137.57 | ¥5,084.24 | ¥5,084,233.70 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,519.41 | ¥158,474.46 |
| High | C$1,521.55 | ¥158,697.66 |
| Low | C$1,515.51 | ¥158,067.69 |
| Close | C$1,516.18 | ¥158,137.57 |