GOLD PRICE IN JAPANESE YEN — AUGUST 12, 2016
💱 XAU/JPY · Friday, August 12, 2016
On Friday, August 12, 2016, the gold spot price was C$1,734.42 per troy ounce in Canadian Dollars, equivalent to ¥180,900.01 JPY per ounce or ¥5,816.07 JPY per gram. Gold fell -1.05% 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 12, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,734.42 | C$55.76 | C$55,762.82 |
| JPY | ¥180,900.01 | ¥5,816.07 | ¥5,816,061.82 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,735.71 | ¥181,034.55 |
| High | C$1,755.19 | ¥183,066.32 |
| Low | C$1,731.04 | ¥180,547.47 |
| Close | C$1,734.42 | ¥180,900.01 |