GOLD PRICE IN JAPANESE YEN — AUGUST 26, 2016
💱 XAU/JPY · Friday, August 26, 2016
On Friday, August 26, 2016, the gold spot price was C$1,706.37 per troy ounce in Canadian Dollars, equivalent to ¥177,974.39 JPY per ounce or ¥5,722.01 JPY per gram. Gold fell -0.04% 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 26, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,706.37 | C$54.86 | C$54,860.99 |
| JPY | ¥177,974.39 | ¥5,722.01 | ¥5,722,001.25 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,709.34 | ¥178,284.16 |
| High | C$1,730.91 | ¥180,533.91 |
| Low | C$1,704.57 | ¥177,786.65 |
| Close | C$1,706.37 | ¥177,974.39 |