GOLD PRICE IN JAPANESE YEN — JULY 7, 2016
💱 XAU/JPY · Thursday, July 7, 2016
On Thursday, July 7, 2016, the gold spot price was C$1,762.69 per troy ounce in Canadian Dollars, equivalent to ¥183,848.57 JPY per ounce or ¥5,910.86 JPY per gram. Gold fell -0.70% 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 7, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,762.69 | C$56.67 | C$56,671.72 |
| JPY | ¥183,848.57 | ¥5,910.86 | ¥5,910,860.12 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,771.37 | ¥184,753.89 |
| High | C$1,773.71 | ¥184,997.95 |
| Low | C$1,750.25 | ¥182,551.07 |
| Close | C$1,762.69 | ¥183,848.57 |