GOLD PRICE IN JAPANESE YEN — AUGUST 27, 2012
💱 XAU/JPY · Monday, August 27, 2012
On Monday, August 27, 2012, the gold spot price was C$1,659.15 per troy ounce in Canadian Dollars, equivalent to ¥173,049.35 JPY per ounce or ¥5,563.66 JPY per gram. Gold fell -0.03% 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 27, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,659.15 | C$53.34 | C$53,342.83 |
| JPY | ¥173,049.35 | ¥5,563.66 | ¥5,563,657.58 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,661.63 | ¥173,308.01 |
| High | C$1,661.63 | ¥173,308.01 |
| Low | C$1,650.72 | ¥172,170.10 |
| Close | C$1,659.15 | ¥173,049.35 |