GOLD PRICE IN JAPANESE YEN — JUNE 16, 2011
💱 XAU/JPY · Thursday, June 16, 2011
On Thursday, June 16, 2011, the gold spot price was C$1,496.02 per troy ounce in Canadian Dollars, equivalent to ¥156,034.89 JPY per ounce or ¥5,016.63 JPY per gram. Gold rose +1.25% 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 — JUNE 16, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,496.02 | C$48.10 | C$48,098.09 |
| JPY | ¥156,034.89 | ¥5,016.63 | ¥5,016,630.81 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,492.79 | ¥155,698.00 |
| High | C$1,497.88 | ¥156,228.88 |
| Low | C$1,488.88 | ¥155,290.18 |
| Close | C$1,496.02 | ¥156,034.89 |