GOLD PRICE IN JAPANESE YEN — JUNE 6, 2016
💱 XAU/JPY · Monday, June 6, 2016
On Monday, June 6, 2016, the gold spot price was C$1,612.91 per troy ounce in Canadian Dollars, equivalent to ¥168,226.51 JPY per ounce or ¥5,408.60 JPY per gram. Gold fell -0.67% 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 6, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,612.91 | C$51.86 | C$51,856.19 |
| JPY | ¥168,226.51 | ¥5,408.60 | ¥5,408,600.15 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,612.66 | ¥168,200.44 |
| High | C$1,616.41 | ¥168,591.56 |
| Low | C$1,606.95 | ¥167,604.89 |
| Close | C$1,612.91 | ¥168,226.51 |