GOLD PRICE IN JAPANESE YEN — AUGUST 7, 2012
💱 XAU/JPY · Tuesday, August 7, 2012
On Tuesday, August 7, 2012, the gold spot price was C$1,610.67 per troy ounce in Canadian Dollars, equivalent to ¥167,992.88 JPY per ounce or ¥5,401.09 JPY per gram. Gold fell -0.20% 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 7, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,610.67 | C$51.78 | C$51,784.17 |
| JPY | ¥167,992.88 | ¥5,401.09 | ¥5,401,088.72 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,611.77 | ¥168,107.61 |
| High | C$1,616.67 | ¥168,618.68 |
| Low | C$1,610.27 | ¥167,951.16 |
| Close | C$1,610.67 | ¥167,992.88 |