GOLD PRICE IN JAPANESE YEN — AUGUST 5, 2022
💱 XAU/JPY · Friday, August 5, 2022
On Friday, August 5, 2022, the gold spot price was C$2,281.76 per troy ounce in Canadian Dollars, equivalent to ¥237,987.57 JPY per ounce or ¥7,651.47 JPY per gram. Gold fell -0.74% 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 5, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,281.76 | C$73.36 | C$73,360.18 |
| JPY | ¥237,987.57 | ¥7,651.47 | ¥7,651,466.90 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,305.31 | ¥240,443.83 |
| High | C$2,305.57 | ¥240,470.95 |
| Low | C$2,270.56 | ¥236,819.41 |
| Close | C$2,281.76 | ¥237,987.57 |