GOLD PRICE IN JAPANESE YEN — JULY 6, 2016
💱 XAU/JPY · Wednesday, July 6, 2016
On Wednesday, July 6, 2016, the gold spot price was C$1,775.13 per troy ounce in Canadian Dollars, equivalent to ¥185,146.06 JPY per ounce or ¥5,952.58 JPY per gram. Gold rose +1.71% 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 6, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,775.13 | C$57.07 | C$57,071.67 |
| JPY | ¥185,146.06 | ¥5,952.58 | ¥5,952,575.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,767.46 | ¥184,346.08 |
| High | C$1,788.14 | ¥186,503.00 |
| Low | C$1,767.46 | ¥184,346.08 |
| Close | C$1,775.13 | ¥185,146.06 |