GOLD PRICE IN JAPANESE YEN — AUGUST 9, 2019
💱 XAU/JPY · Friday, August 9, 2019
On Friday, August 9, 2019, the gold spot price was C$1,979.70 per troy ounce in Canadian Dollars, equivalent to ¥206,482.71 JPY per ounce or ¥6,638.57 JPY per gram. Gold fell -0.70% 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 9, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,979.70 | C$63.65 | C$63,648.74 |
| JPY | ¥206,482.71 | ¥6,638.57 | ¥6,638,563.66 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,992.40 | ¥207,807.32 |
| High | C$1,994.12 | ¥207,986.72 |
| Low | C$1,978.38 | ¥206,345.03 |
| Close | C$1,979.70 | ¥206,482.71 |