GOLD PRICE IN JAPANESE YEN — AUGUST 2, 2024
💱 XAU/JPY · Friday, August 2, 2024
On Friday, August 2, 2024, the gold spot price was C$3,367.02 per troy ounce in Canadian Dollars, equivalent to ¥351,180.19 JPY per ounce or ¥11,290.70 JPY per gram. Gold rose +0.14% 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 2, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,367.02 | C$108.25 | C$108,252.05 |
| JPY | ¥351,180.19 | ¥11,290.70 | ¥11,290,688.81 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,392.42 | ¥353,829.41 |
| High | C$3,438.22 | ¥358,606.35 |
| Low | C$3,353.55 | ¥349,775.27 |
| Close | C$3,367.02 | ¥351,180.19 |