GOLD PRICE IN JAPANESE YEN — OCTOBER 7, 2024
💱 XAU/JPY · Monday, October 7, 2024
On Monday, October 7, 2024, the gold spot price was C$3,591.43 per troy ounce in Canadian Dollars, equivalent to ¥374,586.15 JPY per ounce or ¥12,043.22 JPY per gram. Gold rose +0.19% 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 — OCTOBER 7, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,591.43 | C$115.47 | C$115,466.99 |
| JPY | ¥374,586.15 | ¥12,043.22 | ¥12,043,206.90 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,596.72 | ¥375,137.90 |
| High | C$3,608.54 | ¥376,370.72 |
| Low | C$3,583.55 | ¥373,764.27 |
| Close | C$3,591.43 | ¥374,586.15 |