GOLD PRICE IN JAPANESE YEN — AUGUST 18, 2006
💱 XAU/JPY · Friday, August 18, 2006
On Friday, August 18, 2006, the gold spot price was C$688.86 per troy ounce in Canadian Dollars, equivalent to ¥71,848.10 JPY per ounce or ¥2,309.97 JPY per gram. Gold fell -0.31% 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 18, 2006
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$688.86 | C$22.15 | C$22,147.33 |
| JPY | ¥71,848.10 | ¥2,309.97 | ¥2,309,966.64 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$691.22 | ¥72,094.25 |
| High | C$694.37 | ¥72,422.79 |
| Low | C$685.37 | ¥71,484.09 |
| Close | C$688.86 | ¥71,848.10 |