GOLD PRICE IN JAPANESE YEN — AUGUST 5, 2011
💱 XAU/JPY · Friday, August 5, 2011
On Friday, August 5, 2011, the gold spot price was C$1,616.98 per troy ounce in Canadian Dollars, equivalent to ¥168,651.01 JPY per ounce or ¥5,422.25 JPY per gram. Gold rose +1.58% 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 5, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,616.98 | C$51.99 | C$51,987.04 |
| JPY | ¥168,651.01 | ¥5,422.25 | ¥5,422,248.16 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,615.70 | ¥168,517.51 |
| High | C$1,633.94 | ¥170,419.94 |
| Low | C$1,611.00 | ¥168,027.30 |
| Close | C$1,616.98 | ¥168,651.01 |