HomeHistoryJPYJuly 1, 2024

GOLD PRICE IN JAPANESE YEN — JULY 1, 2024

💱 XAU/JPY · Monday, July 1, 2024

¥331,930.58 JPY/oz
fell -0.20%

On Monday, July 1, 2024, the gold spot price was C$3,182.46 per troy ounce in Canadian Dollars, equivalent to ¥331,930.58 JPY per ounce or ¥10,671.81 JPY per gram. Gold fell -0.20% 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 1, 2024

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$3,182.46C$102.32C$102,318.32
JPY¥331,930.58¥10,671.81¥10,671,800.43

SPOT OHLC (CAD)

MetricCADJPY
OpenC$3,177.26¥331,388.22
HighC$3,185.33¥332,229.92
LowC$3,174.39¥331,088.88
CloseC$3,182.46¥331,930.58

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