GOLD PRICE IN JAPANESE YEN — AUGUST 28, 2018
💱 XAU/JPY · Tuesday, August 28, 2018
On Tuesday, August 28, 2018, the gold spot price was C$1,565.19 per troy ounce in Canadian Dollars, equivalent to ¥163,249.32 JPY per ounce or ¥5,248.58 JPY per gram. Gold fell -0.48% 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 28, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,565.19 | C$50.32 | C$50,321.95 |
| JPY | ¥163,249.32 | ¥5,248.58 | ¥5,248,579.82 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,568.17 | ¥163,560.13 |
| High | C$1,577.63 | ¥164,546.81 |
| Low | C$1,558.58 | ¥162,559.89 |
| Close | C$1,565.19 | ¥163,249.32 |