GOLD PRICE IN JAPANESE YEN — AUGUST 14, 2024
💱 XAU/JPY · Wednesday, August 14, 2024
On Wednesday, August 14, 2024, the gold spot price was C$3,344.20 per troy ounce in Canadian Dollars, equivalent to ¥348,800.06 JPY per ounce or ¥11,214.17 JPY per gram. Gold fell -1.35% 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 14, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,344.20 | C$107.52 | C$107,518.37 |
| JPY | ¥348,800.06 | ¥11,214.17 | ¥11,214,166.09 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,383.41 | ¥352,889.66 |
| High | C$3,389.03 | ¥353,475.83 |
| Low | C$3,344.20 | ¥348,800.06 |
| Close | C$3,344.20 | ¥348,800.06 |