GOLD PRICE IN JAPANESE YEN — AUGUST 29, 2012
💱 XAU/JPY · Wednesday, August 29, 2012
On Wednesday, August 29, 2012, the gold spot price was C$1,639.72 per troy ounce in Canadian Dollars, equivalent to ¥171,022.80 JPY per ounce or ¥5,498.51 JPY per gram. Gold fell -0.64% 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 29, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,639.72 | C$52.72 | C$52,718.15 |
| JPY | ¥171,022.80 | ¥5,498.51 | ¥5,498,502.61 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,647.03 | ¥171,785.23 |
| High | C$1,647.13 | ¥171,795.66 |
| Low | C$1,639.72 | ¥171,022.80 |
| Close | C$1,639.72 | ¥171,022.80 |