GOLD PRICE IN JAPANESE YEN — AUGUST 1, 2012
💱 XAU/JPY · Wednesday, August 1, 2012
On Wednesday, August 1, 2012, the gold spot price was C$1,608.83 per troy ounce in Canadian Dollars, equivalent to ¥167,800.97 JPY per ounce or ¥5,394.92 JPY per gram. Gold fell -0.24% 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 1, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,608.83 | C$51.73 | C$51,725.01 |
| JPY | ¥167,800.97 | ¥5,394.92 | ¥5,394,918.61 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,618.56 | ¥168,815.81 |
| High | C$1,622.38 | ¥169,214.23 |
| Low | C$1,597.09 | ¥166,576.49 |
| Close | C$1,608.83 | ¥167,800.97 |