GOLD PRICE IN JAPANESE YEN — JULY 29, 2011
💱 XAU/JPY · Friday, July 29, 2011
On Friday, July 29, 2011, the gold spot price was C$1,546.23 per troy ounce in Canadian Dollars, equivalent to ¥161,271.79 JPY per ounce or ¥5,185.00 JPY per gram. Gold rose +1.00% 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 29, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,546.23 | C$49.71 | C$49,712.38 |
| JPY | ¥161,271.79 | ¥5,185.00 | ¥5,185,000.91 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,535.60 | ¥160,163.08 |
| High | C$1,552.50 | ¥161,925.75 |
| Low | C$1,529.43 | ¥159,519.55 |
| Close | C$1,546.23 | ¥161,271.79 |