GOLD PRICE IN JAPANESE YEN — AUGUST 8, 2024
💱 XAU/JPY · Thursday, August 8, 2024
On Thursday, August 8, 2024, the gold spot price was C$3,331.66 per troy ounce in Canadian Dollars, equivalent to ¥347,492.14 JPY per ounce or ¥11,172.12 JPY per gram. Gold rose +1.09% 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 8, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,331.66 | C$107.12 | C$107,115.20 |
| JPY | ¥347,492.14 | ¥11,172.12 | ¥11,172,115.48 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,279.53 | ¥342,054.98 |
| High | C$3,332.49 | ¥347,578.71 |
| Low | C$3,279.53 | ¥342,054.98 |
| Close | C$3,331.66 | ¥347,492.14 |