GOLD PRICE IN JAPANESE YEN — JUNE 23, 2016
💱 XAU/JPY · Thursday, June 23, 2016
On Thursday, June 23, 2016, the gold spot price was C$1,616.10 per troy ounce in Canadian Dollars, equivalent to ¥168,559.23 JPY per ounce or ¥5,419.30 JPY per gram. Gold fell -0.44% 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 23, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,616.10 | C$51.96 | C$51,958.75 |
| JPY | ¥168,559.23 | ¥5,419.30 | ¥5,419,297.24 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,618.92 | ¥168,853.36 |
| High | C$1,628.02 | ¥169,802.49 |
| Low | C$1,608.41 | ¥167,757.16 |
| Close | C$1,616.10 | ¥168,559.23 |