GOLD PRICE IN JAPANESE YEN — AUGUST 27, 2024
💱 XAU/JPY · Tuesday, August 27, 2024
On Tuesday, August 27, 2024, the gold spot price was C$3,392.10 per troy ounce in Canadian Dollars, equivalent to ¥353,796.03 JPY per ounce or ¥11,374.80 JPY per gram. Gold fell -0.26% 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 27, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,392.10 | C$109.06 | C$109,058.39 |
| JPY | ¥353,796.03 | ¥11,374.80 | ¥11,374,790.02 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,391.02 | ¥353,683.39 |
| High | C$3,401.67 | ¥354,794.18 |
| Low | C$3,379.83 | ¥352,516.27 |
| Close | C$3,392.10 | ¥353,796.03 |