GOLD PRICE IN JAPANESE YEN — AUGUST 30, 2016
💱 XAU/JPY · Tuesday, August 30, 2016
On Tuesday, August 30, 2016, the gold spot price was C$1,706.52 per troy ounce in Canadian Dollars, equivalent to ¥177,990.04 JPY per ounce or ¥5,722.51 JPY per gram. Gold fell -0.88% 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 30, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,706.52 | C$54.87 | C$54,865.81 |
| JPY | ¥177,990.04 | ¥5,722.51 | ¥5,722,504.25 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,719.92 | ¥179,387.66 |
| High | C$1,720.05 | ¥179,401.22 |
| Low | C$1,701.71 | ¥177,488.35 |
| Close | C$1,706.52 | ¥177,990.04 |