GOLD PRICE IN JAPANESE YEN — AUGUST 7, 2019
💱 XAU/JPY · Wednesday, August 7, 2019
On Wednesday, August 7, 2019, the gold spot price was C$2,001.74 per troy ounce in Canadian Dollars, equivalent to ¥208,781.48 JPY per ounce or ¥6,712.48 JPY per gram. Gold rose +2.88% 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 7, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,001.74 | C$64.36 | C$64,357.34 |
| JPY | ¥208,781.48 | ¥6,712.48 | ¥6,712,470.79 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,956.85 | ¥204,099.46 |
| High | C$2,005.19 | ¥209,141.32 |
| Low | C$1,956.45 | ¥204,057.74 |
| Close | C$2,001.74 | ¥208,781.48 |