GOLD PRICE IN JAPANESE YEN — JULY 16, 2012
💱 XAU/JPY · Monday, July 16, 2012
On Monday, July 16, 2012, the gold spot price was C$1,613.32 per troy ounce in Canadian Dollars, equivalent to ¥168,269.28 JPY per ounce or ¥5,409.98 JPY per gram. Gold fell -0.60% 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 — JULY 16, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,613.32 | C$51.87 | C$51,869.37 |
| JPY | ¥168,269.28 | ¥5,409.98 | ¥5,409,975.01 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,608.25 | ¥167,740.48 |
| High | C$1,613.32 | ¥168,269.28 |
| Low | C$1,607.84 | ¥167,697.71 |
| Close | C$1,613.32 | ¥168,269.28 |