GOLD PRICE IN JAPANESE YEN — AUGUST 9, 2022
💱 XAU/JPY · Tuesday, August 9, 2022
On Tuesday, August 9, 2022, the gold spot price was C$2,306.55 per troy ounce in Canadian Dollars, equivalent to ¥240,573.17 JPY per ounce or ¥7,734.60 JPY per gram. Gold fell -0.28% 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 9, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,306.55 | C$74.16 | C$74,157.20 |
| JPY | ¥240,573.17 | ¥7,734.60 | ¥7,734,595.66 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,301.40 | ¥240,036.02 |
| High | C$2,309.25 | ¥240,854.78 |
| Low | C$2,300.12 | ¥239,902.52 |
| Close | C$2,306.55 | ¥240,573.17 |