GOLD PRICE IN JAPANESE YEN — AUGUST 24, 2011
💱 XAU/JPY · Wednesday, August 24, 2011
On Wednesday, August 24, 2011, the gold spot price was C$1,732.88 per troy ounce in Canadian Dollars, equivalent to ¥180,739.38 JPY per ounce or ¥5,810.90 JPY per gram. Gold fell -5.85% 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 24, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,732.88 | C$55.71 | C$55,713.31 |
| JPY | ¥180,739.38 | ¥5,810.90 | ¥5,810,897.71 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,810.82 | ¥188,868.53 |
| High | C$1,830.68 | ¥190,939.92 |
| Low | C$1,731.89 | ¥180,636.13 |
| Close | C$1,732.88 | ¥180,739.38 |