GOLD PRICE IN JAPANESE YEN — JULY 16, 2018
💱 XAU/JPY · Monday, July 16, 2018
On Monday, July 16, 2018, the gold spot price was C$1,628.84 per troy ounce in Canadian Dollars, equivalent to ¥169,888.01 JPY per ounce or ¥5,462.02 JPY per gram. Gold fell -0.19% 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 — JULY 16, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,628.84 | C$52.37 | C$52,368.35 |
| JPY | ¥169,888.01 | ¥5,462.02 | ¥5,462,018.51 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,634.90 | ¥170,520.07 |
| High | C$1,636.34 | ¥170,670.26 |
| Low | C$1,628.84 | ¥169,888.01 |
| Close | C$1,628.84 | ¥169,888.01 |