GOLD PRICE IN JAPANESE YEN — JUNE 30, 2016
💱 XAU/JPY · Thursday, June 30, 2016
On Thursday, June 30, 2016, the gold spot price was C$1,705.26 per troy ounce in Canadian Dollars, equivalent to ¥177,858.62 JPY per ounce or ¥5,718.28 JPY per gram. Gold fell -1.06% 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 30, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,705.26 | C$54.83 | C$54,825.30 |
| JPY | ¥177,858.62 | ¥5,718.28 | ¥5,718,279.07 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,701.90 | ¥177,508.17 |
| High | C$1,711.85 | ¥178,545.96 |
| Low | C$1,700.21 | ¥177,331.90 |
| Close | C$1,705.26 | ¥177,858.62 |