GOLD PRICE IN JAPANESE YEN — JUNE 7, 2021
💱 XAU/JPY · Monday, June 7, 2021
On Monday, June 7, 2021, the gold spot price was C$2,290.54 per troy ounce in Canadian Dollars, equivalent to ¥238,903.32 JPY per ounce or ¥7,680.91 JPY per gram. Gold rose +0.11% 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, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,290.54 | C$73.64 | C$73,642.46 |
| JPY | ¥238,903.32 | ¥7,680.91 | ¥7,680,909.03 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,282.93 | ¥238,109.60 |
| High | C$2,294.04 | ¥239,268.37 |
| Low | C$2,274.11 | ¥237,189.67 |
| Close | C$2,290.54 | ¥238,903.32 |