GOLD PRICE IN JAPANESE YEN — JULY 21, 2016
💱 XAU/JPY · Thursday, July 21, 2016
On Thursday, July 21, 2016, the gold spot price was C$1,738.59 per troy ounce in Canadian Dollars, equivalent to ¥181,334.94 JPY per ounce or ¥5,830.05 JPY per gram. Gold rose +1.20% 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 21, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,738.59 | C$55.90 | C$55,896.89 |
| JPY | ¥181,334.94 | ¥5,830.05 | ¥5,830,045.16 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,715.46 | ¥178,922.48 |
| High | C$1,738.59 | ¥181,334.94 |
| Low | C$1,715.46 | ¥178,922.48 |
| Close | C$1,738.59 | ¥181,334.94 |