GOLD PRICE IN JAPANESE YEN — JUNE 29, 2016
💱 XAU/JPY · Wednesday, June 29, 2016
On Wednesday, June 29, 2016, the gold spot price was C$1,723.59 per troy ounce in Canadian Dollars, equivalent to ¥179,770.44 JPY per ounce or ¥5,779.75 JPY per gram. Gold rose +0.29% 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 29, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,723.59 | C$55.41 | C$55,414.63 |
| JPY | ¥179,770.44 | ¥5,779.75 | ¥5,779,745.39 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,707.57 | ¥178,099.55 |
| High | C$1,728.14 | ¥180,245.00 |
| Low | C$1,707.57 | ¥178,099.55 |
| Close | C$1,723.59 | ¥179,770.44 |