GOLD PRICE IN JAPANESE YEN — AUGUST 12, 2024
💱 XAU/JPY · Monday, August 12, 2024
On Monday, August 12, 2024, the gold spot price was C$3,382.33 per troy ounce in Canadian Dollars, equivalent to ¥352,777.02 JPY per ounce or ¥11,342.04 JPY per gram. Gold rose +1.25% 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 12, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,382.33 | C$108.74 | C$108,744.28 |
| JPY | ¥352,777.02 | ¥11,342.04 | ¥11,342,028.10 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,341.53 | ¥348,521.58 |
| High | C$3,392.49 | ¥353,836.71 |
| Low | C$3,340.57 | ¥348,421.45 |
| Close | C$3,382.33 | ¥352,777.02 |