GOLD PRICE IN JAPANESE YEN — JULY 31, 2018
💱 XAU/JPY · Tuesday, July 31, 2018
On Tuesday, July 31, 2018, the gold spot price was C$1,594.24 per troy ounce in Canadian Dollars, equivalent to ¥166,279.23 JPY per ounce or ¥5,346.00 JPY per gram. Gold fell -0.06% 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 — JULY 31, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,594.24 | C$51.26 | C$51,255.93 |
| JPY | ¥166,279.23 | ¥5,346.00 | ¥5,345,993.70 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,589.94 | ¥165,830.74 |
| High | C$1,599.97 | ¥166,876.87 |
| Low | C$1,580.30 | ¥164,825.29 |
| Close | C$1,594.24 | ¥166,279.23 |