GOLD PRICE IN JAPANESE YEN — JUNE 16, 2022
💱 XAU/JPY · Thursday, June 16, 2022
On Thursday, June 16, 2022, the gold spot price was C$2,376.04 per troy ounce in Canadian Dollars, equivalent to ¥247,820.97 JPY per ounce or ¥7,967.62 JPY per gram. Gold rose +1.11% 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 16, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,376.04 | C$76.39 | C$76,391.35 |
| JPY | ¥247,820.97 | ¥7,967.62 | ¥7,967,617.72 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,341.93 | ¥244,263.30 |
| High | C$2,382.35 | ¥248,479.10 |
| Low | C$2,336.39 | ¥243,685.48 |
| Close | C$2,376.04 | ¥247,820.97 |