GOLD PRICE IN JAPANESE YEN — AUGUST 5, 2024
💱 XAU/JPY · Monday, August 5, 2024
On Monday, August 5, 2024, the gold spot price was C$3,334.30 per troy ounce in Canadian Dollars, equivalent to ¥347,767.49 JPY per ounce or ¥11,180.98 JPY per gram. Gold fell -0.97% 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 5, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,334.30 | C$107.20 | C$107,200.08 |
| JPY | ¥347,767.49 | ¥11,180.98 | ¥11,180,968.24 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,390.25 | ¥353,603.08 |
| High | C$3,401.08 | ¥354,732.64 |
| Low | C$3,286.68 | ¥342,800.72 |
| Close | C$3,334.30 | ¥347,767.49 |