GOLD PRICE IN JAPANESE YEN — JULY 19, 2016
💱 XAU/JPY · Tuesday, July 19, 2016
On Tuesday, July 19, 2016, the gold spot price was C$1,725.36 per troy ounce in Canadian Dollars, equivalent to ¥179,955.05 JPY per ounce or ¥5,785.68 JPY per gram. Gold rose +0.24% 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 19, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,725.36 | C$55.47 | C$55,471.53 |
| JPY | ¥179,955.05 | ¥5,785.68 | ¥5,785,680.76 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,721.47 | ¥179,549.32 |
| High | C$1,727.56 | ¥180,184.51 |
| Low | C$1,718.75 | ¥179,265.63 |
| Close | C$1,725.36 | ¥179,955.05 |