GOLD PRICE IN JAPANESE YEN — JUNE 9, 2016
💱 XAU/JPY · Thursday, June 9, 2016
On Thursday, June 9, 2016, the gold spot price was C$1,611.12 per troy ounce in Canadian Dollars, equivalent to ¥168,039.82 JPY per ounce or ¥5,402.60 JPY per gram. Gold rose +0.25% 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 9, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,611.12 | C$51.80 | C$51,798.64 |
| JPY | ¥168,039.82 | ¥5,402.60 | ¥5,402,597.71 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,601.35 | ¥167,020.81 |
| High | C$1,612.64 | ¥168,198.35 |
| Low | C$1,595.77 | ¥166,438.81 |
| Close | C$1,611.12 | ¥168,039.82 |