GOLD PRICE IN JAPANESE YEN — JUNE 8, 2017
💱 XAU/JPY · Thursday, June 8, 2017
On Thursday, June 8, 2017, the gold spot price was C$1,724.35 per troy ounce in Canadian Dollars, equivalent to ¥179,849.71 JPY per ounce or ¥5,782.30 JPY per gram. Gold fell -0.62% 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 8, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,724.35 | C$55.44 | C$55,439.06 |
| JPY | ¥179,849.71 | ¥5,782.30 | ¥5,782,293.91 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,736.64 | ¥181,131.55 |
| High | C$1,739.61 | ¥181,441.32 |
| Low | C$1,713.27 | ¥178,694.06 |
| Close | C$1,724.35 | ¥179,849.71 |