GOLD PRICE IN JAPANESE YEN — AUGUST 3, 2011
💱 XAU/JPY · Wednesday, August 3, 2011
On Wednesday, August 3, 2011, the gold spot price was C$1,599.36 per troy ounce in Canadian Dollars, equivalent to ¥166,813.25 JPY per ounce or ¥5,363.17 JPY per gram. Gold rose +1.97% 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 3, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,599.36 | C$51.42 | C$51,420.54 |
| JPY | ¥166,813.25 | ¥5,363.17 | ¥5,363,162.69 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,595.99 | ¥166,461.76 |
| High | C$1,607.92 | ¥167,706.06 |
| Low | C$1,588.01 | ¥165,629.44 |
| Close | C$1,599.36 | ¥166,813.25 |