GOLD PRICE IN JAPANESE YEN — AUGUST 2, 2012
💱 XAU/JPY · Thursday, August 2, 2012
On Thursday, August 2, 2012, the gold spot price was C$1,594.89 per troy ounce in Canadian Dollars, equivalent to ¥166,347.03 JPY per ounce or ¥5,348.18 JPY per gram. Gold fell -0.87% 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 2, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,594.89 | C$51.28 | C$51,276.83 |
| JPY | ¥166,347.03 | ¥5,348.18 | ¥5,348,173.36 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,607.55 | ¥167,667.47 |
| High | C$1,622.62 | ¥169,239.27 |
| Low | C$1,590.57 | ¥165,896.45 |
| Close | C$1,594.89 | ¥166,347.03 |