GOLD PRICE IN JAPANESE YEN — AUGUST 20, 2012
💱 XAU/JPY · Monday, August 20, 2012
On Monday, August 20, 2012, the gold spot price was C$1,601.31 per troy ounce in Canadian Dollars, equivalent to ¥167,016.63 JPY per ounce or ¥5,369.71 JPY per gram. Gold rose +0.43% 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 20, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,601.31 | C$51.48 | C$51,483.24 |
| JPY | ¥167,016.63 | ¥5,369.71 | ¥5,369,701.66 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,595.28 | ¥166,387.70 |
| High | C$1,602.59 | ¥167,150.14 |
| Low | C$1,592.91 | ¥166,140.51 |
| Close | C$1,601.31 | ¥167,016.63 |