GOLD PRICE IN JAPANESE YEN — AUGUST 16, 2002
💱 XAU/JPY · Friday, August 16, 2002
On Friday, August 16, 2002, the gold spot price was C$423.50 per troy ounce in Canadian Dollars, equivalent to ¥44,171.05 JPY per ounce or ¥1,420.13 JPY per gram. Gold fell -0.19% 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 — AUGUST 16, 2002
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$423.50 | C$13.62 | C$13,615.82 |
| JPY | ¥44,171.05 | ¥1,420.13 | ¥1,420,130.18 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$422.69 | ¥44,086.57 |
| High | C$425.25 | ¥44,353.58 |
| Low | C$421.47 | ¥43,959.32 |
| Close | C$423.50 | ¥44,171.05 |