GOLD PRICE IN JAPANESE YEN — AUGUST 17, 2011
💱 XAU/JPY · Wednesday, August 17, 2011
On Wednesday, August 17, 2011, the gold spot price was C$1,760.39 per troy ounce in Canadian Dollars, equivalent to ¥183,608.68 JPY per ounce or ¥5,903.15 JPY per gram. Gold rose +0.64% 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 17, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,760.39 | C$56.60 | C$56,597.77 |
| JPY | ¥183,608.68 | ¥5,903.15 | ¥5,903,147.49 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,754.10 | ¥182,952.63 |
| High | C$1,763.44 | ¥183,926.79 |
| Low | C$1,751.35 | ¥182,665.81 |
| Close | C$1,760.39 | ¥183,608.68 |