GOLD PRICE IN JAPANESE YEN — AUGUST 24, 2018
💱 XAU/JPY · Friday, August 24, 2018
On Friday, August 24, 2018, the gold spot price was C$1,580.42 per troy ounce in Canadian Dollars, equivalent to ¥164,837.81 JPY per ounce or ¥5,299.65 JPY per gram. Gold rose +2.36% 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 24, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,580.42 | C$50.81 | C$50,811.61 |
| JPY | ¥164,837.81 | ¥5,299.65 | ¥5,299,650.85 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,552.91 | ¥161,968.51 |
| High | C$1,582.65 | ¥165,070.40 |
| Low | C$1,552.91 | ¥161,968.51 |
| Close | C$1,580.42 | ¥164,837.81 |