GOLD PRICE IN JAPANESE YEN — JUNE 17, 2016
💱 XAU/JPY · Friday, June 17, 2016
On Friday, June 17, 2016, the gold spot price was C$1,669.51 per troy ounce in Canadian Dollars, equivalent to ¥174,129.89 JPY per ounce or ¥5,598.40 JPY per gram. Gold fell -0.21% 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 17, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,669.51 | C$53.68 | C$53,675.92 |
| JPY | ¥174,129.89 | ¥5,598.40 | ¥5,598,397.95 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,653.75 | ¥172,486.13 |
| High | C$1,679.33 | ¥175,154.12 |
| Low | C$1,653.75 | ¥172,486.13 |
| Close | C$1,669.51 | ¥174,129.89 |