GOLD PRICE IN JAPANESE YEN — AUGUST 23, 2012
💱 XAU/JPY · Thursday, August 23, 2012
On Thursday, August 23, 2012, the gold spot price was C$1,653.74 per troy ounce in Canadian Dollars, equivalent to ¥172,485.08 JPY per ounce or ¥5,545.52 JPY per gram. Gold rose +2.05% 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 23, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,653.74 | C$53.17 | C$53,168.90 |
| JPY | ¥172,485.08 | ¥5,545.52 | ¥5,545,516.13 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,644.13 | ¥171,482.76 |
| High | C$1,656.81 | ¥172,805.28 |
| Low | C$1,642.25 | ¥171,286.68 |
| Close | C$1,653.74 | ¥172,485.08 |