GOLD PRICE IN JAPANESE YEN — AUGUST 12, 2022
💱 XAU/JPY · Friday, August 12, 2022
On Friday, August 12, 2022, the gold spot price was C$2,295.54 per troy ounce in Canadian Dollars, equivalent to ¥239,424.82 JPY per ounce or ¥7,697.68 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 12, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,295.54 | C$73.80 | C$73,803.22 |
| JPY | ¥239,424.82 | ¥7,697.68 | ¥7,697,675.62 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,279.84 | ¥237,787.31 |
| High | C$2,297.83 | ¥239,663.67 |
| Low | C$2,277.28 | ¥237,520.30 |
| Close | C$2,295.54 | ¥239,424.82 |