GOLD PRICE IN JAPANESE YEN — AUGUST 20, 2018
💱 XAU/JPY · Monday, August 20, 2018
On Monday, August 20, 2018, the gold spot price was C$1,549.94 per troy ounce in Canadian Dollars, equivalent to ¥161,658.74 JPY per ounce or ¥5,197.45 JPY per gram. Gold rose +0.11% 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 20, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,549.94 | C$49.83 | C$49,831.66 |
| JPY | ¥161,658.74 | ¥5,197.45 | ¥5,197,441.72 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,547.33 | ¥161,386.52 |
| High | C$1,554.12 | ¥162,094.72 |
| Low | C$1,546.80 | ¥161,331.24 |
| Close | C$1,549.94 | ¥161,658.74 |