GOLD PRICE IN JAPANESE YEN — AUGUST 28, 2012
💱 XAU/JPY · Tuesday, August 28, 2012
On Tuesday, August 28, 2012, the gold spot price was C$1,650.35 per troy ounce in Canadian Dollars, equivalent to ¥172,131.50 JPY per ounce or ¥5,534.15 JPY per gram. Gold fell -0.53% 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 28, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,650.35 | C$53.06 | C$53,059.91 |
| JPY | ¥172,131.50 | ¥5,534.15 | ¥5,534,148.38 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,643.82 | ¥171,450.43 |
| High | C$1,654.81 | ¥172,596.68 |
| Low | C$1,643.12 | ¥171,377.42 |
| Close | C$1,650.35 | ¥172,131.50 |