GOLD PRICE IN JAPANESE YEN — OCTOBER 8, 2024
💱 XAU/JPY · Tuesday, October 8, 2024
On Tuesday, October 8, 2024, the gold spot price was C$3,561.11 per troy ounce in Canadian Dollars, equivalent to ¥371,423.77 JPY per ounce or ¥11,941.54 JPY per gram. Gold fell -0.84% 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 8, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,561.11 | C$114.49 | C$114,492.18 |
| JPY | ¥371,423.77 | ¥11,941.54 | ¥11,941,534.30 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,593.79 | ¥374,832.30 |
| High | C$3,593.79 | ¥374,832.30 |
| Low | C$3,553.34 | ¥370,613.36 |
| Close | C$3,561.11 | ¥371,423.77 |