GOLD PRICE IN JAPANESE YEN — AUGUST 12, 2011
💱 XAU/JPY · Friday, August 12, 2011
On Friday, August 12, 2011, the gold spot price was C$1,715.14 per troy ounce in Canadian Dollars, equivalent to ¥178,889.10 JPY per ounce or ¥5,751.41 JPY per gram. Gold fell -1.46% 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 12, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,715.14 | C$55.14 | C$55,142.95 |
| JPY | ¥178,889.10 | ¥5,751.41 | ¥5,751,409.85 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,735.25 | ¥180,986.57 |
| High | C$1,738.80 | ¥181,356.84 |
| Low | C$1,698.98 | ¥177,203.61 |
| Close | C$1,715.14 | ¥178,889.10 |