HomeHistoryJPYJuly 24, 2024

GOLD PRICE IN JAPANESE YEN — JULY 24, 2024

💱 XAU/JPY · Wednesday, July 24, 2024

¥346,998.80 JPY/oz
rose +0.54%

On Wednesday, July 24, 2024, the gold spot price was C$3,326.93 per troy ounce in Canadian Dollars, equivalent to ¥346,998.80 JPY per ounce or ¥11,156.26 JPY per gram. Gold rose +0.54% 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 24, 2024

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$3,326.93C$106.96C$106,963.13
JPY¥346,998.80¥11,156.26¥11,156,254.29

SPOT OHLC (CAD)

MetricCADJPY
OpenC$3,337.54¥348,105.42
HighC$3,337.54¥348,105.42
LowC$3,324.58¥346,753.69
CloseC$3,326.93¥346,998.80

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