GOLD PRICE IN JAPANESE YEN — JUNE 7, 2022
💱 XAU/JPY · Tuesday, June 7, 2022
On Tuesday, June 7, 2022, the gold spot price was C$2,324.16 per troy ounce in Canadian Dollars, equivalent to ¥242,409.89 JPY per ounce or ¥7,793.65 JPY per gram. Gold rose +0.41% 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, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,324.16 | C$74.72 | C$74,723.37 |
| JPY | ¥242,409.89 | ¥7,793.65 | ¥7,793,647.59 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,310.82 | ¥241,018.53 |
| High | C$2,329.31 | ¥242,947.03 |
| Low | C$2,308.43 | ¥240,769.25 |
| Close | C$2,324.16 | ¥242,409.89 |