GOLD PRICE IN JAPANESE YEN — JUNE 7, 2018
💱 XAU/JPY · Thursday, June 7, 2018
On Thursday, June 7, 2018, the gold spot price was C$1,681.27 per troy ounce in Canadian Dollars, equivalent to ¥175,356.46 JPY per ounce or ¥5,637.84 JPY per gram. Gold rose +0.18% 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 7, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,681.27 | C$54.05 | C$54,054.01 |
| JPY | ¥175,356.46 | ¥5,637.84 | ¥5,637,832.97 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,680.88 | ¥175,315.78 |
| High | C$1,686.58 | ¥175,910.29 |
| Low | C$1,678.03 | ¥175,018.53 |
| Close | C$1,681.27 | ¥175,356.46 |