GOLD PRICE IN JAPANESE YEN — AUGUST 3, 2016
💱 XAU/JPY · Wednesday, August 3, 2016
On Wednesday, August 3, 2016, the gold spot price was C$1,777.22 per troy ounce in Canadian Dollars, equivalent to ¥185,364.05 JPY per ounce or ¥5,959.59 JPY per gram. Gold fell -0.74% 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 3, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,777.22 | C$57.14 | C$57,138.87 |
| JPY | ¥185,364.05 | ¥5,959.59 | ¥5,959,583.83 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,785.48 | ¥186,225.56 |
| High | C$1,788.49 | ¥186,539.51 |
| Low | C$1,773.55 | ¥184,981.26 |
| Close | C$1,777.22 | ¥185,364.05 |