GOLD PRICE IN JAPANESE YEN — AUGUST 9, 2018
💱 XAU/JPY · Thursday, August 9, 2018
On Thursday, August 9, 2018, the gold spot price was C$1,577.77 per troy ounce in Canadian Dollars, equivalent to ¥164,561.41 JPY per ounce or ¥5,290.77 JPY per gram. Gold fell -0.36% 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 9, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,577.77 | C$50.73 | C$50,726.41 |
| JPY | ¥164,561.41 | ¥5,290.77 | ¥5,290,764.56 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,581.16 | ¥164,914.99 |
| High | C$1,582.20 | ¥165,023.46 |
| Low | C$1,577.38 | ¥164,520.73 |
| Close | C$1,577.77 | ¥164,561.41 |