GOLD PRICE IN JAPANESE YEN — AUGUST 16, 2019
💱 XAU/JPY · Friday, August 16, 2019
On Friday, August 16, 2019, the gold spot price was C$2,014.18 per troy ounce in Canadian Dollars, equivalent to ¥210,078.97 JPY per ounce or ¥6,754.19 JPY per gram. Gold fell -0.42% 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 16, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,014.18 | C$64.76 | C$64,757.30 |
| JPY | ¥210,078.97 | ¥6,754.19 | ¥6,754,186.07 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,030.29 | ¥211,759.25 |
| High | C$2,030.29 | ¥211,759.25 |
| Low | C$2,003.79 | ¥208,995.30 |
| Close | C$2,014.18 | ¥210,078.97 |