GOLD PRICE IN JAPANESE YEN — JULY 28, 2016
💱 XAU/JPY · Thursday, July 28, 2016
On Thursday, July 28, 2016, the gold spot price was C$1,750.28 per troy ounce in Canadian Dollars, equivalent to ¥182,554.20 JPY per ounce or ¥5,869.25 JPY per gram. Gold rose +0.14% 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 28, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,750.28 | C$56.27 | C$56,272.73 |
| JPY | ¥182,554.20 | ¥5,869.25 | ¥5,869,245.45 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,759.74 | ¥183,540.88 |
| High | C$1,766.05 | ¥184,199.01 |
| Low | C$1,747.39 | ¥182,252.78 |
| Close | C$1,750.28 | ¥182,554.20 |