GOLD PRICE IN JAPANESE YEN — AUGUST 1, 2022
💱 XAU/JPY · Monday, August 1, 2022
On Monday, August 1, 2022, the gold spot price was C$2,267.08 per troy ounce in Canadian Dollars, equivalent to ¥236,456.44 JPY per ounce or ¥7,602.25 JPY per gram. Gold rose +0.41% 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 1, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,267.08 | C$72.89 | C$72,888.21 |
| JPY | ¥236,456.44 | ¥7,602.25 | ¥7,602,240.19 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,260.54 | ¥235,774.32 |
| High | C$2,271.57 | ¥236,924.75 |
| Low | C$2,250.55 | ¥234,732.37 |
| Close | C$2,267.08 | ¥236,456.44 |