GOLD PRICE IN JAPANESE YEN — JULY 22, 2016
💱 XAU/JPY · Friday, July 22, 2016
On Friday, July 22, 2016, the gold spot price was C$1,729.78 per troy ounce in Canadian Dollars, equivalent to ¥180,416.05 JPY per ounce or ¥5,800.51 JPY per gram. Gold fell -0.51% 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 22, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,729.78 | C$55.61 | C$55,613.64 |
| JPY | ¥180,416.05 | ¥5,800.51 | ¥5,800,502.43 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,739.72 | ¥181,452.80 |
| High | C$1,739.72 | ¥181,452.80 |
| Low | C$1,726.25 | ¥180,047.88 |
| Close | C$1,729.78 | ¥180,416.05 |