GOLD PRICE IN JAPANESE YEN — AUGUST 3, 2012
💱 XAU/JPY · Friday, August 3, 2012
On Friday, August 3, 2012, the gold spot price was C$1,617.32 per troy ounce in Canadian Dollars, equivalent to ¥168,686.48 JPY per ounce or ¥5,423.39 JPY per gram. Gold rose +1.41% 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 3, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,617.32 | C$52.00 | C$51,997.97 |
| JPY | ¥168,686.48 | ¥5,423.39 | ¥5,423,388.28 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,600.50 | ¥166,932.15 |
| High | C$1,617.32 | ¥168,686.48 |
| Low | C$1,596.27 | ¥166,490.96 |
| Close | C$1,617.32 | ¥168,686.48 |