GOLD PRICE IN JAPANESE YEN — JANUARY 24, 2024
💱 XAU/JPY · Wednesday, January 24, 2024
On Wednesday, January 24, 2024, the gold spot price was C$2,709.90 per troy ounce in Canadian Dollars, equivalent to ¥282,642.57 JPY per ounce or ¥9,087.16 JPY per gram. Gold fell -0.65% 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 — JANUARY 24, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,709.90 | C$87.13 | C$87,125.18 |
| JPY | ¥282,642.57 | ¥9,087.16 | ¥9,087,156.48 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,722.42 | ¥283,948.41 |
| High | C$2,735.87 | ¥285,351.24 |
| Low | C$2,709.90 | ¥282,642.57 |
| Close | C$2,709.90 | ¥282,642.57 |