GOLD PRICE IN JAPANESE YEN — AUGUST 29, 2016
💱 XAU/JPY · Monday, August 29, 2016
On Monday, August 29, 2016, the gold spot price was C$1,721.73 per troy ounce in Canadian Dollars, equivalent to ¥179,576.44 JPY per ounce or ¥5,773.51 JPY per gram. Gold rose +0.90% 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 29, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,721.73 | C$55.35 | C$55,354.82 |
| JPY | ¥179,576.44 | ¥5,773.51 | ¥5,773,508.22 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,711.45 | ¥178,504.24 |
| High | C$1,721.86 | ¥179,590.00 |
| Low | C$1,711.45 | ¥178,504.24 |
| Close | C$1,721.73 | ¥179,576.44 |