GOLD PRICE IN JAPANESE YEN — AUGUST 18, 2011
💱 XAU/JPY · Thursday, August 18, 2011
On Thursday, August 18, 2011, the gold spot price was C$1,782.52 per troy ounce in Canadian Dollars, equivalent to ¥185,916.84 JPY per ounce or ¥5,977.36 JPY per gram. Gold rose +1.26% 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 18, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,782.52 | C$57.31 | C$57,309.27 |
| JPY | ¥185,916.84 | ¥5,977.36 | ¥5,977,356.42 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,750.77 | ¥182,605.31 |
| High | C$1,791.93 | ¥186,898.30 |
| Low | C$1,749.79 | ¥182,503.10 |
| Close | C$1,782.52 | ¥185,916.84 |