GOLD PRICE IN JAPANESE YEN — APRIL 16, 2024
💱 XAU/JPY · Tuesday, April 16, 2024
On Tuesday, April 16, 2024, the gold spot price was C$3,296.03 per troy ounce in Canadian Dollars, equivalent to ¥343,775.93 JPY per ounce or ¥11,052.64 JPY per gram. Gold rose +1.26% 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 — APRIL 16, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,296.03 | C$105.97 | C$105,969.67 |
| JPY | ¥343,775.93 | ¥11,052.64 | ¥11,052,636.76 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,286.65 | ¥342,797.60 |
| High | C$3,296.03 | ¥343,775.93 |
| Low | C$3,269.28 | ¥340,985.90 |
| Close | C$3,296.03 | ¥343,775.93 |