GOLD PRICE IN JAPANESE YEN — JUNE 8, 2022
💱 XAU/JPY · Wednesday, June 8, 2022
On Wednesday, June 8, 2022, the gold spot price was C$2,321.65 per troy ounce in Canadian Dollars, equivalent to ¥242,148.10 JPY per ounce or ¥7,785.24 JPY per gram. Gold fell -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 8, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,321.65 | C$74.64 | C$74,642.67 |
| JPY | ¥242,148.10 | ¥7,785.24 | ¥7,785,230.76 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,312.75 | ¥241,219.82 |
| High | C$2,325.54 | ¥242,553.82 |
| Low | C$2,312.25 | ¥241,167.68 |
| Close | C$2,321.65 | ¥242,148.10 |