GOLD PRICE IN JAPANESE YEN — AUGUST 31, 2021
💱 XAU/JPY · Tuesday, August 31, 2021
On Tuesday, August 31, 2021, the gold spot price was C$2,288.52 per troy ounce in Canadian Dollars, equivalent to ¥238,692.64 JPY per ounce or ¥7,674.14 JPY per gram. Gold rose +0.32% 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 31, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,288.52 | C$73.58 | C$73,577.52 |
| JPY | ¥238,692.64 | ¥7,674.14 | ¥7,674,135.33 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,289.65 | ¥238,810.50 |
| High | C$2,289.65 | ¥238,810.50 |
| Low | C$2,270.99 | ¥236,864.26 |
| Close | C$2,288.52 | ¥238,692.64 |