GOLD PRICE IN JAPANESE YEN — AUGUST 2, 2018
💱 XAU/JPY · Thursday, August 2, 2018
On Thursday, August 2, 2018, the gold spot price was C$1,573.60 per troy ounce in Canadian Dollars, equivalent to ¥164,126.48 JPY per ounce or ¥5,276.78 JPY per gram. Gold fell -0.75% 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 2, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,573.60 | C$50.59 | C$50,592.34 |
| JPY | ¥164,126.48 | ¥5,276.78 | ¥5,276,781.22 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,578.93 | ¥164,682.40 |
| High | C$1,584.91 | ¥165,306.11 |
| Low | C$1,567.36 | ¥163,475.65 |
| Close | C$1,573.60 | ¥164,126.48 |