GOLD PRICE IN JAPANESE YEN — JULY 15, 2016
💱 XAU/JPY · Friday, July 15, 2016
On Friday, July 15, 2016, the gold spot price was C$1,712.29 per troy ounce in Canadian Dollars, equivalent to ¥178,591.85 JPY per ounce or ¥5,741.86 JPY per gram. Gold fell -0.87% 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 15, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,712.29 | C$55.05 | C$55,051.32 |
| JPY | ¥178,591.85 | ¥5,741.86 | ¥5,741,852.90 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,721.58 | ¥179,560.79 |
| High | C$1,721.58 | ¥179,560.79 |
| Low | C$1,707.64 | ¥178,106.85 |
| Close | C$1,712.29 | ¥178,591.85 |