GOLD PRICE IN JAPANESE YEN — AUGUST 6, 2021
💱 XAU/JPY · Friday, August 6, 2021
On Friday, August 6, 2021, the gold spot price was C$2,200.23 per troy ounce in Canadian Dollars, equivalent to ¥229,483.99 JPY per ounce or ¥7,378.08 JPY per gram. Gold fell -2.84% 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 6, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,200.23 | C$70.74 | C$70,738.93 |
| JPY | ¥229,483.99 | ¥7,378.08 | ¥7,378,070.89 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,249.98 | ¥234,672.91 |
| High | C$2,250.36 | ¥234,712.55 |
| Low | C$2,198.23 | ¥229,275.39 |
| Close | C$2,200.23 | ¥229,483.99 |