GOLD PRICE IN JAPANESE YEN — OCTOBER 31, 2024
💱 XAU/JPY · Thursday, October 31, 2024
On Thursday, October 31, 2024, the gold spot price was C$3,808.43 per troy ounce in Canadian Dollars, equivalent to ¥397,219.25 JPY per ounce or ¥12,770.89 JPY per gram. Gold fell -1.83% 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 31, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,808.43 | C$122.44 | C$122,443.69 |
| JPY | ¥397,219.25 | ¥12,770.89 | ¥12,770,876.91 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,876.72 | ¥404,341.90 |
| High | C$3,876.85 | ¥404,355.45 |
| Low | C$3,801.75 | ¥396,522.52 |
| Close | C$3,808.43 | ¥397,219.25 |