GOLD PRICE IN JAPANESE YEN — JUNE 24, 2016
💱 XAU/JPY · Friday, June 24, 2016
On Friday, June 24, 2016, the gold spot price was C$1,693.82 per troy ounce in Canadian Dollars, equivalent to ¥176,665.43 JPY per ounce or ¥5,679.92 JPY per gram. Gold rose +4.81% 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 24, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,693.82 | C$54.46 | C$54,457.50 |
| JPY | ¥176,665.43 | ¥5,679.92 | ¥5,679,917.11 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,608.75 | ¥167,792.63 |
| High | C$1,739.51 | ¥181,430.89 |
| Low | C$1,608.75 | ¥167,792.63 |
| Close | C$1,693.82 | ¥176,665.43 |