GOLD PRICE IN JAPANESE YEN — AUGUST 5, 2019
💱 XAU/JPY · Monday, August 5, 2019
On Monday, August 5, 2019, the gold spot price was C$1,933.70 per troy ounce in Canadian Dollars, equivalent to ¥201,684.91 JPY per ounce or ¥6,484.32 JPY per gram. Gold rose +1.23% 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 5, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,933.70 | C$62.17 | C$62,169.81 |
| JPY | ¥201,684.91 | ¥6,484.32 | ¥6,484,311.04 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,901.75 | ¥198,352.53 |
| High | C$1,940.43 | ¥202,386.85 |
| Low | C$1,901.75 | ¥198,352.53 |
| Close | C$1,933.70 | ¥201,684.91 |