GOLD PRICE IN JAPANESE YEN — AUGUST 17, 2012
💱 XAU/JPY · Friday, August 17, 2012
On Friday, August 17, 2012, the gold spot price was C$1,594.48 per troy ounce in Canadian Dollars, equivalent to ¥166,304.26 JPY per ounce or ¥5,346.80 JPY per gram. Gold fell -0.27% 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 17, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,594.48 | C$51.26 | C$51,263.65 |
| JPY | ¥166,304.26 | ¥5,346.80 | ¥5,346,798.50 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,595.96 | ¥166,458.63 |
| High | C$1,595.96 | ¥166,458.63 |
| Low | C$1,589.65 | ¥165,800.50 |
| Close | C$1,594.48 | ¥166,304.26 |