GOLD PRICE IN JAPANESE YEN — JUNE 15, 2016
💱 XAU/JPY · Wednesday, June 15, 2016
On Wednesday, June 15, 2016, the gold spot price was C$1,653.62 per troy ounce in Canadian Dollars, equivalent to ¥172,472.57 JPY per ounce or ¥5,545.12 JPY per gram. Gold rose +0.27% 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 15, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,653.62 | C$53.17 | C$53,165.04 |
| JPY | ¥172,472.57 | ¥5,545.12 | ¥5,545,113.73 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,652.07 | ¥172,310.90 |
| High | C$1,666.99 | ¥173,867.06 |
| Low | C$1,644.61 | ¥171,532.82 |
| Close | C$1,653.62 | ¥172,472.57 |