GOLD PRICE IN JAPANESE YEN — JULY 8, 2022
💱 XAU/JPY · Friday, July 8, 2022
On Friday, July 8, 2022, the gold spot price was C$2,256.86 per troy ounce in Canadian Dollars, equivalent to ¥235,390.50 JPY per ounce or ¥7,567.97 JPY per gram. Gold fell -0.37% 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 — JULY 8, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,256.86 | C$72.56 | C$72,559.63 |
| JPY | ¥235,390.50 | ¥7,567.97 | ¥7,567,969.28 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,253.62 | ¥235,052.57 |
| High | C$2,268.14 | ¥236,567.00 |
| Low | C$2,245.84 | ¥234,241.11 |
| Close | C$2,256.86 | ¥235,390.50 |