GOLD PRICE IN JAPANESE YEN — AUGUST 8, 2012
💱 XAU/JPY · Wednesday, August 8, 2012
On Wednesday, August 8, 2012, the gold spot price was C$1,608.77 per troy ounce in Canadian Dollars, equivalent to ¥167,794.71 JPY per ounce or ¥5,394.72 JPY per gram. Gold fell -0.12% 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 8, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,608.77 | C$51.72 | C$51,723.08 |
| JPY | ¥167,794.71 | ¥5,394.72 | ¥5,394,717.41 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,606.08 | ¥167,514.14 |
| High | C$1,610.67 | ¥167,992.88 |
| Low | C$1,598.90 | ¥166,765.27 |
| Close | C$1,608.77 | ¥167,794.71 |