GOLD PRICE IN JAPANESE YEN — AUGUST 24, 2012
💱 XAU/JPY · Friday, August 24, 2012
On Friday, August 24, 2012, the gold spot price was C$1,659.71 per troy ounce in Canadian Dollars, equivalent to ¥173,107.75 JPY per ounce or ¥5,565.54 JPY per gram. Gold rose +0.36% 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 24, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,659.71 | C$53.36 | C$53,360.84 |
| JPY | ¥173,107.75 | ¥5,565.54 | ¥5,565,535.43 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,655.74 | ¥172,693.68 |
| High | C$1,659.71 | ¥173,107.75 |
| Low | C$1,652.16 | ¥172,320.29 |
| Close | C$1,659.71 | ¥173,107.75 |