GOLD PRICE IN JAPANESE YEN — AUGUST 22, 2016
💱 XAU/JPY · Monday, August 22, 2016
On Monday, August 22, 2016, the gold spot price was C$1,724.51 per troy ounce in Canadian Dollars, equivalent to ¥179,866.39 JPY per ounce or ¥5,782.83 JPY per gram. Gold rose +0.70% 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 22, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,724.51 | C$55.44 | C$55,444.20 |
| JPY | ¥179,866.39 | ¥5,782.83 | ¥5,782,830.44 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,720.26 | ¥179,423.12 |
| High | C$1,724.51 | ¥179,866.39 |
| Low | C$1,718.84 | ¥179,275.01 |
| Close | C$1,724.51 | ¥179,866.39 |