GOLD PRICE IN JAPANESE YEN — OCTOBER 22, 2024
💱 XAU/JPY · Tuesday, October 22, 2024
On Tuesday, October 22, 2024, the gold spot price was C$3,796.19 per troy ounce in Canadian Dollars, equivalent to ¥395,942.62 JPY per ounce or ¥12,729.84 JPY per gram. Gold rose +1.02% 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 22, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,796.19 | C$122.05 | C$122,050.17 |
| JPY | ¥395,942.62 | ¥12,729.84 | ¥12,729,832.30 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,778.90 | ¥394,139.27 |
| High | C$3,798.68 | ¥396,202.32 |
| Low | C$3,774.61 | ¥393,691.82 |
| Close | C$3,796.19 | ¥395,942.62 |