GOLD PRICE IN JAPANESE YEN — JULY 31, 2019
💱 XAU/JPY · Wednesday, July 31, 2019
On Wednesday, July 31, 2019, the gold spot price was C$1,874.98 per troy ounce in Canadian Dollars, equivalent to ¥195,560.41 JPY per ounce or ¥6,287.41 JPY per gram. Gold fell -0.37% 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 — JULY 31, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,874.98 | C$60.28 | C$60,281.92 |
| JPY | ¥195,560.41 | ¥6,287.41 | ¥6,287,404.20 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,881.82 | ¥196,273.83 |
| High | C$1,887.73 | ¥196,890.24 |
| Low | C$1,855.39 | ¥193,517.18 |
| Close | C$1,874.98 | ¥195,560.41 |