GOLD PRICE IN JAPANESE YEN — AUGUST 30, 2011
💱 XAU/JPY · Tuesday, August 30, 2011
On Tuesday, August 30, 2011, the gold spot price was C$1,783.04 per troy ounce in Canadian Dollars, equivalent to ¥185,971.07 JPY per ounce or ¥5,979.10 JPY per gram. Gold rose +1.59% 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 30, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,783.04 | C$57.33 | C$57,325.98 |
| JPY | ¥185,971.07 | ¥5,979.10 | ¥5,979,100.14 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,744.49 | ¥181,950.31 |
| High | C$1,795.63 | ¥187,284.21 |
| Low | C$1,740.48 | ¥181,532.06 |
| Close | C$1,783.04 | ¥185,971.07 |