GOLD PRICE IN JAPANESE YEN — AUGUST 19, 2016
💱 XAU/JPY · Friday, August 19, 2016
On Friday, August 19, 2016, the gold spot price was C$1,712.47 per troy ounce in Canadian Dollars, equivalent to ¥178,610.62 JPY per ounce or ¥5,742.46 JPY per gram. Gold fell -1.33% 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 19, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,712.47 | C$55.06 | C$55,057.11 |
| JPY | ¥178,610.62 | ¥5,742.46 | ¥5,742,456.49 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,724.86 | ¥179,902.90 |
| High | C$1,724.86 | ¥179,902.90 |
| Low | C$1,710.17 | ¥178,370.73 |
| Close | C$1,712.47 | ¥178,610.62 |