GOLD PRICE IN JAPANESE YEN — JUNE 8, 2011
💱 XAU/JPY · Wednesday, June 8, 2011
On Wednesday, June 8, 2011, the gold spot price was C$1,498.12 per troy ounce in Canadian Dollars, equivalent to ¥156,253.92 JPY per ounce or ¥5,023.68 JPY per gram. Gold fell -0.93% 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 — JUNE 8, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,498.12 | C$48.17 | C$48,165.61 |
| JPY | ¥156,253.92 | ¥5,023.68 | ¥5,023,672.78 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,504.07 | ¥156,874.50 |
| High | C$1,504.07 | ¥156,874.50 |
| Low | C$1,491.50 | ¥155,563.45 |
| Close | C$1,498.12 | ¥156,253.92 |