HomeHistoryJPYJune 14, 2016

GOLD PRICE IN JAPANESE YEN — JUNE 14, 2016

💱 XAU/JPY · Tuesday, June 14, 2016

¥172,010.52 JPY/oz
rose +0.45%

On Tuesday, June 14, 2016, the gold spot price was C$1,649.19 per troy ounce in Canadian Dollars, equivalent to ¥172,010.52 JPY per ounce or ¥5,530.26 JPY per gram. Gold rose +0.45% 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 14, 2016

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$1,649.19C$53.02C$53,022.61
JPY¥172,010.52¥5,530.26¥5,530,258.53

SPOT OHLC (CAD)

MetricCADJPY
OpenC$1,644.32¥171,502.58
HighC$1,654.45¥172,559.14
LowC$1,639.19¥170,967.52
CloseC$1,649.19¥172,010.52

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