GOLD PRICE IN JAPANESE YEN — DECEMBER 27, 2016
💱 XAU/JPY · Tuesday, December 27, 2016
On Tuesday, December 27, 2016, the gold spot price was C$1,537.91 per troy ounce in Canadian Dollars, equivalent to ¥160,404.01 JPY per ounce or ¥5,157.10 JPY per gram. Gold rose +0.78% 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 27, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,537.91 | C$49.44 | C$49,444.88 |
| JPY | ¥160,404.01 | ¥5,157.10 | ¥5,157,101.30 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,533.86 | ¥159,981.60 |
| High | C$1,544.54 | ¥161,095.52 |
| Low | C$1,533.86 | ¥159,981.60 |
| Close | C$1,537.91 | ¥160,404.01 |