GOLD PRICE IN JAPANESE YEN — AUGUST 4, 2016
💱 XAU/JPY · Thursday, August 4, 2016
On Thursday, August 4, 2016, the gold spot price was C$1,775.88 per troy ounce in Canadian Dollars, equivalent to ¥185,224.28 JPY per ounce or ¥5,955.09 JPY per gram. Gold fell -0.08% 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 4, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,775.88 | C$57.10 | C$57,095.79 |
| JPY | ¥185,224.28 | ¥5,955.09 | ¥5,955,090.39 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,770.13 | ¥184,624.56 |
| High | C$1,779.54 | ¥185,606.02 |
| Low | C$1,760.46 | ¥183,615.98 |
| Close | C$1,775.88 | ¥185,224.28 |