GOLD PRICE IN JAPANESE YEN — JULY 18, 2012
💱 XAU/JPY · Wednesday, July 18, 2012
On Wednesday, July 18, 2012, the gold spot price was C$1,588.93 per troy ounce in Canadian Dollars, equivalent to ¥165,725.40 JPY per ounce or ¥5,328.19 JPY per gram. Gold fell -1.48% 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 — JULY 18, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,588.93 | C$51.09 | C$51,085.21 |
| JPY | ¥165,725.40 | ¥5,328.19 | ¥5,328,187.59 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,599.86 | ¥166,865.40 |
| High | C$1,602.39 | ¥167,129.28 |
| Low | C$1,588.42 | ¥165,672.21 |
| Close | C$1,588.93 | ¥165,725.40 |