GOLD PRICE IN JAPANESE YEN — AUGUST 9, 2024
💱 XAU/JPY · Friday, August 9, 2024
On Friday, August 9, 2024, the gold spot price was C$3,340.59 per troy ounce in Canadian Dollars, equivalent to ¥348,423.54 JPY per ounce or ¥11,202.07 JPY per gram. Gold rose +0.27% 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 9, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,340.59 | C$107.40 | C$107,402.31 |
| JPY | ¥348,423.54 | ¥11,202.07 | ¥11,202,060.61 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,327.13 | ¥347,019.66 |
| High | C$3,340.59 | ¥348,423.54 |
| Low | C$3,321.91 | ¥346,475.21 |
| Close | C$3,340.59 | ¥348,423.54 |