GOLD PRICE IN JAPANESE YEN — JULY 1, 2016
💱 XAU/JPY · Friday, July 1, 2016
On Friday, July 1, 2016, the gold spot price was C$1,732.10 per troy ounce in Canadian Dollars, equivalent to ¥180,658.03 JPY per ounce or ¥5,808.29 JPY per gram. Gold rose +1.57% 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 — JULY 1, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,732.10 | C$55.69 | C$55,688.23 |
| JPY | ¥180,658.03 | ¥5,808.29 | ¥5,808,282.13 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,716.29 | ¥179,009.05 |
| High | C$1,741.81 | ¥181,670.78 |
| Low | C$1,712.92 | ¥178,657.56 |
| Close | C$1,732.10 | ¥180,658.03 |