GOLD PRICE IN JAPANESE YEN — APRIL 8, 2024
💱 XAU/JPY · Monday, April 8, 2024
On Monday, April 8, 2024, the gold spot price was C$3,172.07 per troy ounce in Canadian Dollars, equivalent to ¥330,846.90 JPY per ounce or ¥10,636.97 JPY per gram. Gold rose +0.70% 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 — APRIL 8, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,172.07 | C$101.98 | C$101,984.27 |
| JPY | ¥330,846.90 | ¥10,636.97 | ¥10,636,959.46 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,163.77 | ¥329,981.21 |
| High | C$3,185.81 | ¥332,279.98 |
| Low | C$3,154.79 | ¥329,044.60 |
| Close | C$3,172.07 | ¥330,846.90 |