GOLD PRICE IN JAPANESE YEN — AUGUST 8, 2003
💱 XAU/JPY · Friday, August 8, 2003
On Friday, August 8, 2003, the gold spot price was C$481.00 per troy ounce in Canadian Dollars, equivalent to ¥50,168.30 JPY per ounce or ¥1,612.95 JPY per gram. Gold rose +1.08% 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 8, 2003
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$481.00 | C$15.46 | C$15,464.49 |
| JPY | ¥50,168.30 | ¥1,612.95 | ¥1,612,945.96 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$477.90 | ¥49,844.97 |
| High | C$482.63 | ¥50,338.31 |
| Low | C$475.20 | ¥49,563.36 |
| Close | C$481.00 | ¥50,168.30 |