GOLD PRICE IN JAPANESE YEN — AUGUST 8, 2018
💱 XAU/JPY · Wednesday, August 8, 2018
On Wednesday, August 8, 2018, the gold spot price was C$1,583.51 per troy ounce in Canadian Dollars, equivalent to ¥165,160.09 JPY per ounce or ¥5,310.02 JPY per gram. Gold rose +0.69% 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 8, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,583.51 | C$50.91 | C$50,910.95 |
| JPY | ¥165,160.09 | ¥5,310.02 | ¥5,310,012.60 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,582.73 | ¥165,078.74 |
| High | C$1,586.91 | ¥165,514.71 |
| Low | C$1,574.76 | ¥164,247.47 |
| Close | C$1,583.51 | ¥165,160.09 |