GOLD PRICE IN JAPANESE YEN — AUGUST 18, 2016
💱 XAU/JPY · Thursday, August 18, 2016
On Thursday, August 18, 2016, the gold spot price was C$1,735.52 per troy ounce in Canadian Dollars, equivalent to ¥181,014.74 JPY per ounce or ¥5,819.75 JPY per gram. Gold rose +0.48% 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 18, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,735.52 | C$55.80 | C$55,798.18 |
| JPY | ¥181,014.74 | ¥5,819.75 | ¥5,819,750.47 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,735.65 | ¥181,028.30 |
| High | C$1,739.63 | ¥181,443.41 |
| Low | C$1,731.67 | ¥180,613.18 |
| Close | C$1,735.52 | ¥181,014.74 |