GOLD PRICE IN JAPANESE YEN — AUGUST 1, 2018
💱 XAU/JPY · Wednesday, August 1, 2018
On Wednesday, August 1, 2018, the gold spot price was C$1,585.46 per troy ounce in Canadian Dollars, equivalent to ¥165,363.48 JPY per ounce or ¥5,316.56 JPY per gram. Gold fell -0.55% 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 1, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,585.46 | C$50.97 | C$50,973.65 |
| JPY | ¥165,363.48 | ¥5,316.56 | ¥5,316,551.57 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,591.97 | ¥166,042.47 |
| High | C$1,593.01 | ¥166,150.94 |
| Low | C$1,580.91 | ¥164,888.91 |
| Close | C$1,585.46 | ¥165,363.48 |