GOLD PRICE IN JAPANESE YEN — AUGUST 4, 2011
💱 XAU/JPY · Thursday, August 4, 2011
On Thursday, August 4, 2011, the gold spot price was C$1,591.77 per troy ounce in Canadian Dollars, equivalent to ¥166,021.61 JPY per ounce or ¥5,337.71 JPY per gram. Gold fell -0.47% 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 4, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,591.77 | C$51.18 | C$51,176.52 |
| JPY | ¥166,021.61 | ¥5,337.71 | ¥5,337,711.01 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,595.91 | ¥166,453.41 |
| High | C$1,616.38 | ¥168,588.43 |
| Low | C$1,576.20 | ¥164,397.66 |
| Close | C$1,591.77 | ¥166,021.61 |