GOLD PRICE IN JAPANESE YEN — AUGUST 20, 2024
💱 XAU/JPY · Tuesday, August 20, 2024
On Tuesday, August 20, 2024, the gold spot price was C$3,422.90 per troy ounce in Canadian Dollars, equivalent to ¥357,008.47 JPY per ounce or ¥11,478.08 JPY per gram. Gold rose +0.03% 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 20, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,422.90 | C$110.05 | C$110,048.63 |
| JPY | ¥357,008.47 | ¥11,478.08 | ¥11,478,072.22 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,412.27 | ¥355,899.76 |
| High | C$3,444.71 | ¥359,283.25 |
| Low | C$3,408.45 | ¥355,501.33 |
| Close | C$3,422.90 | ¥357,008.47 |