HomeHistoryJPYOctober 17, 2024

GOLD PRICE IN JAPANESE YEN — OCTOBER 17, 2024

💱 XAU/JPY · Thursday, October 17, 2024

¥386,063.32 JPY/oz
rose +0.45%

On Thursday, October 17, 2024, the gold spot price was C$3,701.47 per troy ounce in Canadian Dollars, equivalent to ¥386,063.32 JPY per ounce or ¥12,412.21 JPY per gram. Gold rose +0.45% 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 17, 2024

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$3,701.47C$119.00C$119,004.85
JPY¥386,063.32¥12,412.21¥12,412,206.01

SPOT OHLC (CAD)

MetricCADJPY
OpenC$3,682.76¥384,111.87
HighC$3,702.43¥386,163.45
LowC$3,682.49¥384,083.71
CloseC$3,701.47¥386,063.32

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