GOLD PRICE IN JAPANESE YEN — AUGUST 6, 2024
💱 XAU/JPY · Tuesday, August 6, 2024
On Tuesday, August 6, 2024, the gold spot price was C$3,298.22 per troy ounce in Canadian Dollars, equivalent to ¥344,004.35 JPY per ounce or ¥11,059.99 JPY per gram. Gold fell -1.08% 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 6, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,298.22 | C$106.04 | C$106,040.08 |
| JPY | ¥344,004.35 | ¥11,059.99 | ¥11,059,980.53 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,333.29 | ¥347,662.15 |
| High | C$3,343.37 | ¥348,713.49 |
| Low | C$3,285.66 | ¥342,694.34 |
| Close | C$3,298.22 | ¥344,004.35 |