GOLD PRICE IN JAPANESE YEN — JUNE 27, 2016
💱 XAU/JPY · Monday, June 27, 2016
On Monday, June 27, 2016, the gold spot price was C$1,722.03 per troy ounce in Canadian Dollars, equivalent to ¥179,607.73 JPY per ounce or ¥5,774.52 JPY per gram. Gold rose +1.67% 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 27, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,722.03 | C$55.36 | C$55,364.47 |
| JPY | ¥179,607.73 | ¥5,774.52 | ¥5,774,514.21 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,731.79 | ¥180,625.70 |
| High | C$1,734.01 | ¥180,857.24 |
| Low | C$1,718.77 | ¥179,267.71 |
| Close | C$1,722.03 | ¥179,607.73 |