GOLD PRICE IN JAPANESE YEN — AUGUST 6, 2012
💱 XAU/JPY · Monday, August 6, 2012
On Monday, August 6, 2012, the gold spot price was C$1,613.82 per troy ounce in Canadian Dollars, equivalent to ¥168,321.43 JPY per ounce or ¥5,411.66 JPY per gram. Gold fell -0.22% 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 6, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,613.82 | C$51.89 | C$51,885.44 |
| JPY | ¥168,321.43 | ¥5,411.66 | ¥5,411,651.67 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,605.61 | ¥167,465.12 |
| High | C$1,615.02 | ¥168,446.59 |
| Low | C$1,604.11 | ¥167,308.67 |
| Close | C$1,613.82 | ¥168,321.43 |