GOLD PRICE IN JAPANESE YEN — JULY 12, 2016
💱 XAU/JPY · Tuesday, July 12, 2016
On Tuesday, July 12, 2016, the gold spot price was C$1,750.74 per troy ounce in Canadian Dollars, equivalent to ¥182,602.18 JPY per ounce or ¥5,870.79 JPY per gram. Gold fell -0.95% 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 12, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,750.74 | C$56.29 | C$56,287.52 |
| JPY | ¥182,602.18 | ¥5,870.79 | ¥5,870,787.97 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,776.33 | ¥185,271.22 |
| High | C$1,779.48 | ¥185,599.76 |
| Low | C$1,745.75 | ¥182,081.73 |
| Close | C$1,750.74 | ¥182,602.18 |