GOLD PRICE IN JAPANESE YEN — JUNE 1, 2017
💱 XAU/JPY · Thursday, June 1, 2017
On Thursday, June 1, 2017, the gold spot price was C$1,709.23 per troy ounce in Canadian Dollars, equivalent to ¥178,272.69 JPY per ounce or ¥5,731.60 JPY per gram. Gold fell -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 — JUNE 1, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,709.23 | C$54.95 | C$54,952.94 |
| JPY | ¥178,272.69 | ¥5,731.60 | ¥5,731,591.74 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,710.58 | ¥178,413.49 |
| High | C$1,712.20 | ¥178,582.46 |
| Low | C$1,700.87 | ¥177,400.74 |
| Close | C$1,709.23 | ¥178,272.69 |