GOLD PRICE IN JAPANESE YEN — DECEMBER 23, 2016
💱 XAU/JPY · Friday, December 23, 2016
On Friday, December 23, 2016, the gold spot price was C$1,525.96 per troy ounce in Canadian Dollars, equivalent to ¥159,157.63 JPY per ounce or ¥5,117.03 JPY per gram. Gold rose +0.65% 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 23, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,525.96 | C$49.06 | C$49,060.68 |
| JPY | ¥159,157.63 | ¥5,117.03 | ¥5,117,029.15 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,524.61 | ¥159,016.82 |
| High | C$1,527.17 | ¥159,283.83 |
| Low | C$1,523.80 | ¥158,932.34 |
| Close | C$1,525.96 | ¥159,157.63 |