GOLD PRICE IN JAPANESE YEN — JUNE 7, 2024
💱 XAU/JPY · Friday, June 7, 2024
On Friday, June 7, 2024, the gold spot price was C$3,150.79 per troy ounce in Canadian Dollars, equivalent to ¥328,627.40 JPY per ounce or ¥10,565.61 JPY per gram. Gold fell -2.90% 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 — JUNE 7, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,150.79 | C$101.30 | C$101,300.10 |
| JPY | ¥328,627.40 | ¥10,565.61 | ¥10,565,600.85 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,252.89 | ¥339,276.43 |
| High | C$3,260.00 | ¥340,018.00 |
| Low | C$3,123.73 | ¥325,805.04 |
| Close | C$3,150.79 | ¥328,627.40 |