GOLD PRICE IN JAPANESE YEN — JULY 8, 2011
💱 XAU/JPY · Friday, July 8, 2011
On Friday, July 8, 2011, the gold spot price was C$1,476.78 per troy ounce in Canadian Dollars, equivalent to ¥154,028.15 JPY per ounce or ¥4,952.12 JPY per gram. Gold rose +0.04% 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 — JULY 8, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,476.78 | C$47.48 | C$47,479.51 |
| JPY | ¥154,028.15 | ¥4,952.12 | ¥4,952,112.97 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,463.17 | ¥152,608.63 |
| High | C$1,478.12 | ¥154,167.92 |
| Low | C$1,462.79 | ¥152,569.00 |
| Close | C$1,476.78 | ¥154,028.15 |