GOLD PRICE IN JAPANESE YEN — AUGUST 6, 2018
💱 XAU/JPY · Monday, August 6, 2018
On Monday, August 6, 2018, the gold spot price was C$1,572.85 per troy ounce in Canadian Dollars, equivalent to ¥164,048.25 JPY per ounce or ¥5,274.27 JPY per gram. Gold fell -0.54% 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 6, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,572.85 | C$50.57 | C$50,568.23 |
| JPY | ¥164,048.25 | ¥5,274.27 | ¥5,274,266.23 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,580.40 | ¥164,835.72 |
| High | C$1,580.40 | ¥164,835.72 |
| Low | C$1,570.25 | ¥163,777.07 |
| Close | C$1,572.85 | ¥164,048.25 |