GOLD PRICE IN JAPANESE YEN — JUNE 16, 2023
💱 XAU/JPY · Friday, June 16, 2023
On Friday, June 16, 2023, the gold spot price was C$2,589.38 per troy ounce in Canadian Dollars, equivalent to ¥270,072.33 JPY per ounce or ¥8,683.02 JPY per gram. Gold fell -0.75% 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, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,589.38 | C$83.25 | C$83,250.38 |
| JPY | ¥270,072.33 | ¥8,683.02 | ¥8,683,014.59 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,593.34 | ¥270,485.36 |
| High | C$2,595.33 | ¥270,692.92 |
| Low | C$2,582.90 | ¥269,396.47 |
| Close | C$2,589.38 | ¥270,072.33 |