GOLD PRICE IN JAPANESE YEN — JULY 18, 2016
💱 XAU/JPY · Monday, July 18, 2016
On Monday, July 18, 2016, the gold spot price was C$1,721.19 per troy ounce in Canadian Dollars, equivalent to ¥179,520.12 JPY per ounce or ¥5,771.70 JPY per gram. Gold rose +0.52% 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 18, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,721.19 | C$55.34 | C$55,337.46 |
| JPY | ¥179,520.12 | ¥5,771.70 | ¥5,771,697.43 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,720.03 | ¥179,399.13 |
| High | C$1,729.75 | ¥180,412.93 |
| Low | C$1,718.34 | ¥179,222.86 |
| Close | C$1,721.19 | ¥179,520.12 |