GOLD PRICE IN JAPANESE YEN — JUNE 10, 2016
💱 XAU/JPY · Friday, June 10, 2016
On Friday, June 10, 2016, the gold spot price was C$1,620.96 per troy ounce in Canadian Dollars, equivalent to ¥169,066.13 JPY per ounce or ¥5,435.60 JPY per gram. Gold rose +0.61% 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 10, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,620.96 | C$52.12 | C$52,115.00 |
| JPY | ¥169,066.13 | ¥5,435.60 | ¥5,435,594.36 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,613.58 | ¥168,296.39 |
| High | C$1,626.82 | ¥169,677.33 |
| Low | C$1,610.65 | ¥167,990.80 |
| Close | C$1,620.96 | ¥169,066.13 |