GOLD PRICE IN JAPANESE YEN — JULY 8, 2016
💱 XAU/JPY · Friday, July 8, 2016
On Friday, July 8, 2016, the gold spot price was C$1,763.17 per troy ounce in Canadian Dollars, equivalent to ¥183,898.63 JPY per ounce or ¥5,912.47 JPY per gram. Gold rose +0.03% 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 8, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,763.17 | C$56.69 | C$56,687.15 |
| JPY | ¥183,898.63 | ¥5,912.47 | ¥5,912,469.72 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,769.28 | ¥184,535.90 |
| High | C$1,775.13 | ¥185,146.06 |
| Low | C$1,735.10 | ¥180,970.93 |
| Close | C$1,763.17 | ¥183,898.63 |