GOLD PRICE IN JAPANESE YEN — AUGUST 23, 2024
💱 XAU/JPY · Friday, August 23, 2024
On Friday, August 23, 2024, the gold spot price was C$3,412.28 per troy ounce in Canadian Dollars, equivalent to ¥355,900.80 JPY per ounce or ¥11,442.47 JPY per gram. Gold rose +1.34% 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 23, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,412.28 | C$109.71 | C$109,707.19 |
| JPY | ¥355,900.80 | ¥11,442.47 | ¥11,442,459.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,382.49 | ¥352,793.71 |
| High | C$3,412.28 | ¥355,900.80 |
| Low | C$3,382.49 | ¥352,793.71 |
| Close | C$3,412.28 | ¥355,900.80 |