GOLD PRICE IN JAPANESE YEN — AUGUST 31, 2011
💱 XAU/JPY · Wednesday, August 31, 2011
On Wednesday, August 31, 2011, the gold spot price was C$1,789.37 per troy ounce in Canadian Dollars, equivalent to ¥186,631.29 JPY per ounce or ¥6,000.33 JPY per gram. Gold rose +0.36% 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 31, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,789.37 | C$57.53 | C$57,529.50 |
| JPY | ¥186,631.29 | ¥6,000.33 | ¥6,000,326.65 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,791.43 | ¥186,846.15 |
| High | C$1,798.57 | ¥187,590.85 |
| Low | C$1,772.64 | ¥184,886.35 |
| Close | C$1,789.37 | ¥186,631.29 |