GOLD PRICE IN JAPANESE YEN — AUGUST 31, 2022
💱 XAU/JPY · Wednesday, August 31, 2022
On Wednesday, August 31, 2022, the gold spot price was C$2,241.97 per troy ounce in Canadian Dollars, equivalent to ¥233,837.47 JPY per ounce or ¥7,518.04 JPY per gram. Gold rose +0.07% 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 31, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,241.97 | C$72.08 | C$72,080.90 |
| JPY | ¥233,837.47 | ¥7,518.04 | ¥7,518,038.38 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,249.17 | ¥234,588.43 |
| High | C$2,252.57 | ¥234,943.05 |
| Low | C$2,236.34 | ¥233,250.26 |
| Close | C$2,241.97 | ¥233,837.47 |