GOLD PRICE IN JAPANESE YEN — JUNE 2, 2017
💱 XAU/JPY · Friday, June 2, 2017
On Friday, June 2, 2017, the gold spot price was C$1,725.66 per troy ounce in Canadian Dollars, equivalent to ¥179,986.34 JPY per ounce or ¥5,786.69 JPY per gram. Gold rose +0.96% 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 2, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,725.66 | C$55.48 | C$55,481.18 |
| JPY | ¥179,986.34 | ¥5,786.69 | ¥5,786,686.76 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,709.98 | ¥178,350.91 |
| High | C$1,728.63 | ¥180,296.11 |
| Low | C$1,701.60 | ¥177,476.88 |
| Close | C$1,725.66 | ¥179,986.34 |