GOLD PRICE IN JAPANESE YEN — AUGUST 1, 2024
💱 XAU/JPY · Thursday, August 1, 2024
On Thursday, August 1, 2024, the gold spot price was C$3,362.32 per troy ounce in Canadian Dollars, equivalent to ¥350,689.98 JPY per ounce or ¥11,274.94 JPY per gram. Gold rose +0.05% 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 — AUGUST 1, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,362.32 | C$108.10 | C$108,100.94 |
| JPY | ¥350,689.98 | ¥11,274.94 | ¥11,274,928.21 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,378.48 | ¥352,375.46 |
| High | C$3,390.08 | ¥353,585.34 |
| Low | C$3,355.97 | ¥350,027.67 |
| Close | C$3,362.32 | ¥350,689.98 |