GOLD PRICE IN JAPANESE YEN — AUGUST 2, 2011
💱 XAU/JPY · Tuesday, August 2, 2011
On Tuesday, August 2, 2011, the gold spot price was C$1,568.49 per troy ounce in Canadian Dollars, equivalent to ¥163,593.51 JPY per ounce or ¥5,259.65 JPY per gram. Gold rose +1.54% 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 2, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,568.49 | C$50.43 | C$50,428.05 |
| JPY | ¥163,593.51 | ¥5,259.65 | ¥5,259,645.77 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,546.90 | ¥161,341.67 |
| High | C$1,586.35 | ¥165,456.31 |
| Low | C$1,544.51 | ¥161,092.39 |
| Close | C$1,568.49 | ¥163,593.51 |