GOLD PRICE IN JAPANESE YEN — AUGUST 29, 2024
💱 XAU/JPY · Thursday, August 29, 2024
On Thursday, August 29, 2024, the gold spot price was C$3,403.89 per troy ounce in Canadian Dollars, equivalent to ¥355,025.73 JPY per ounce or ¥11,414.33 JPY per gram. Gold rose +1.21% 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 29, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,403.89 | C$109.44 | C$109,437.45 |
| JPY | ¥355,025.73 | ¥11,414.33 | ¥11,414,325.64 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,374.78 | ¥351,989.55 |
| High | C$3,403.89 | ¥355,025.73 |
| Low | C$3,374.51 | ¥351,961.39 |
| Close | C$3,403.89 | ¥355,025.73 |