GOLD PRICE IN JAPANESE YEN — JUNE 22, 2016
💱 XAU/JPY · Wednesday, June 22, 2016
On Wednesday, June 22, 2016, the gold spot price was C$1,623.29 per troy ounce in Canadian Dollars, equivalent to ¥169,309.15 JPY per ounce or ¥5,443.41 JPY per gram. Gold fell -0.17% 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 22, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,623.29 | C$52.19 | C$52,189.91 |
| JPY | ¥169,309.15 | ¥5,443.41 | ¥5,443,407.59 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,622.01 | ¥169,175.64 |
| High | C$1,624.83 | ¥169,469.77 |
| Low | C$1,619.33 | ¥168,896.12 |
| Close | C$1,623.29 | ¥169,309.15 |