GOLD PRICE IN JAPANESE YEN — AUGUST 2, 2019
💱 XAU/JPY · Friday, August 2, 2019
On Friday, August 2, 2019, the gold spot price was C$1,910.20 per troy ounce in Canadian Dollars, equivalent to ¥199,233.86 JPY per ounce or ¥6,405.51 JPY per gram. Gold rose +1.90% 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 2, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,910.20 | C$61.41 | C$61,414.27 |
| JPY | ¥199,233.86 | ¥6,405.51 | ¥6,405,508.06 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,913.37 | ¥199,564.49 |
| High | C$1,913.37 | ¥199,564.49 |
| Low | C$1,892.63 | ¥197,401.31 |
| Close | C$1,910.20 | ¥199,233.86 |