GOLD PRICE IN JAPANESE YEN — AUGUST 16, 2011
💱 XAU/JPY · Tuesday, August 16, 2011
On Tuesday, August 16, 2011, the gold spot price was C$1,749.25 per troy ounce in Canadian Dollars, equivalent to ¥182,446.78 JPY per ounce or ¥5,865.80 JPY per gram. Gold rose +0.79% 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 16, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,749.25 | C$56.24 | C$56,239.61 |
| JPY | ¥182,446.78 | ¥5,865.80 | ¥5,865,791.53 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,736.10 | ¥181,075.23 |
| High | C$1,754.06 | ¥182,948.46 |
| Low | C$1,728.83 | ¥180,316.97 |
| Close | C$1,749.25 | ¥182,446.78 |