GOLD PRICE IN JAPANESE YEN — AUGUST 16, 2022
💱 XAU/JPY · Tuesday, August 16, 2022
On Tuesday, August 16, 2022, the gold spot price was C$2,288.07 per troy ounce in Canadian Dollars, equivalent to ¥238,645.70 JPY per ounce or ¥7,672.63 JPY per gram. Gold rose +0.51% 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 16, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,288.07 | C$73.56 | C$73,563.05 |
| JPY | ¥238,645.70 | ¥7,672.63 | ¥7,672,626.34 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,293.49 | ¥239,211.01 |
| High | C$2,293.49 | ¥239,211.01 |
| Low | C$2,285.74 | ¥238,402.68 |
| Close | C$2,288.07 | ¥238,645.70 |