GOLD PRICE IN JAPANESE YEN — AUGUST 8, 2019
💱 XAU/JPY · Thursday, August 8, 2019
On Thursday, August 8, 2019, the gold spot price was C$1,993.66 per troy ounce in Canadian Dollars, equivalent to ¥207,938.74 JPY per ounce or ¥6,685.38 JPY per gram. Gold fell -0.40% 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 8, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,993.66 | C$64.10 | C$64,097.56 |
| JPY | ¥207,938.74 | ¥6,685.38 | ¥6,685,375.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,994.60 | ¥208,036.78 |
| High | C$2,008.04 | ¥209,438.57 |
| Low | C$1,986.08 | ¥207,148.14 |
| Close | C$1,993.66 | ¥207,938.74 |