GOLD PRICE IN JAPANESE YEN — JUNE 8, 2018
💱 XAU/JPY · Friday, June 8, 2018
On Friday, June 8, 2018, the gold spot price was C$1,685.19 per troy ounce in Canadian Dollars, equivalent to ¥175,765.32 JPY per ounce or ¥5,650.98 JPY per gram. Gold rose +0.23% 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, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,685.19 | C$54.18 | C$54,180.04 |
| JPY | ¥175,765.32 | ¥5,650.98 | ¥5,650,977.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,681.56 | ¥175,386.71 |
| High | C$1,686.88 | ¥175,941.58 |
| Low | C$1,680.91 | ¥175,318.91 |
| Close | C$1,685.19 | ¥175,765.32 |