GOLD PRICE IN JAPANESE YEN — AUGUST 29, 2011
💱 XAU/JPY · Monday, August 29, 2011
On Monday, August 29, 2011, the gold spot price was C$1,755.15 per troy ounce in Canadian Dollars, equivalent to ¥183,062.15 JPY per ounce or ¥5,885.58 JPY per gram. Gold fell -0.99% 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 29, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,755.15 | C$56.43 | C$56,429.30 |
| JPY | ¥183,062.15 | ¥5,885.58 | ¥5,885,576.11 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,784.11 | ¥186,082.67 |
| High | C$1,784.11 | ¥186,082.67 |
| Low | C$1,753.49 | ¥182,889.01 |
| Close | C$1,755.15 | ¥183,062.15 |