GOLD PRICE IN JAPANESE YEN — JULY 29, 2016
💱 XAU/JPY · Friday, July 29, 2016
On Friday, July 29, 2016, the gold spot price was C$1,774.19 per troy ounce in Canadian Dollars, equivalent to ¥185,048.02 JPY per ounce or ¥5,949.43 JPY per gram. Gold rose +1.37% 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 29, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,774.19 | C$57.04 | C$57,041.45 |
| JPY | ¥185,048.02 | ¥5,949.43 | ¥5,949,423.28 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,753.41 | ¥182,880.66 |
| High | C$1,779.85 | ¥185,638.35 |
| Low | C$1,743.68 | ¥181,865.82 |
| Close | C$1,774.19 | ¥185,048.02 |