GOLD PRICE IN JAPANESE YEN — AUGUST 1, 2019
💱 XAU/JPY · Thursday, August 1, 2019
On Thursday, August 1, 2019, the gold spot price was C$1,874.59 per troy ounce in Canadian Dollars, equivalent to ¥195,519.74 JPY per ounce or ¥6,286.10 JPY per gram. Gold fell -0.02% 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 1, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,874.59 | C$60.27 | C$60,269.38 |
| JPY | ¥195,519.74 | ¥6,286.10 | ¥6,286,096.41 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,861.93 | ¥194,199.30 |
| High | C$1,906.65 | ¥198,863.60 |
| Low | C$1,848.21 | ¥192,768.30 |
| Close | C$1,874.59 | ¥195,519.74 |