GOLD PRICE IN JAPANESE YEN — AUGUST 1, 2011
💱 XAU/JPY · Monday, August 1, 2011
On Monday, August 1, 2011, the gold spot price was C$1,544.69 per troy ounce in Canadian Dollars, equivalent to ¥161,111.17 JPY per ounce or ¥5,179.84 JPY per gram. Gold fell -0.10% 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 1, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,544.69 | C$49.66 | C$49,662.86 |
| JPY | ¥161,111.17 | ¥5,179.84 | ¥5,179,836.80 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,548.50 | ¥161,508.55 |
| High | C$1,556.90 | ¥162,384.67 |
| Low | C$1,533.24 | ¥159,916.93 |
| Close | C$1,544.69 | ¥161,111.17 |