GOLD PRICE IN JAPANESE YEN — JULY 31, 2024
💱 XAU/JPY · Wednesday, July 31, 2024
On Wednesday, July 31, 2024, the gold spot price was C$3,360.61 per troy ounce in Canadian Dollars, equivalent to ¥350,511.62 JPY per ounce or ¥11,269.20 JPY per gram. Gold rose +0.85% 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 31, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,360.61 | C$108.05 | C$108,045.96 |
| JPY | ¥350,511.62 | ¥11,269.20 | ¥11,269,194.04 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,333.74 | ¥347,709.08 |
| High | C$3,389.83 | ¥353,559.27 |
| Low | C$3,327.78 | ¥347,087.45 |
| Close | C$3,360.61 | ¥350,511.62 |