GOLD PRICE IN JAPANESE YEN — JUNE 3, 2016
💱 XAU/JPY · Friday, June 3, 2016
On Friday, June 3, 2016, the gold spot price was C$1,623.79 per troy ounce in Canadian Dollars, equivalent to ¥169,361.30 JPY per ounce or ¥5,445.09 JPY per gram. Gold rose +2.65% 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 3, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,623.79 | C$52.21 | C$52,205.99 |
| JPY | ¥169,361.30 | ¥5,445.09 | ¥5,445,084.25 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,583.20 | ¥165,127.76 |
| High | C$1,629.55 | ¥169,962.07 |
| Low | C$1,579.66 | ¥164,758.54 |
| Close | C$1,623.79 | ¥169,361.30 |