GOLD PRICE IN JAPANESE YEN — JUNE 15, 2018

On Friday, June 15, 2018, the gold spot price was C$1,671.78 per troy ounce in Canadian Dollars, equivalent to ¥174,366.65 JPY per ounce or ¥5,606.01 JPY per gram. Gold fell -1.18% 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.