GOLD PRICE IN JAPANESE YEN — JANUARY 8, 2025
💱 XAU/JPY · Wednesday, January 8, 2025
On Wednesday, January 8, 2025, the gold spot price was C$3,827.31 per troy ounce in Canadian Dollars, equivalent to ¥399,188.43 JPY per ounce or ¥12,834.20 JPY per gram. Gold rose +0.47% 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 — JANUARY 8, 2025
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$3,827.31 | C$123.05 | C$123,050.70 |
| JPY | ¥399,188.43 | ¥12,834.20 | ¥12,834,187.55 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$3,814.39 | ¥397,840.88 |
| High | C$3,845.13 | ¥401,047.06 |
| Low | C$3,811.51 | ¥397,540.49 |
| Close | C$3,827.31 | ¥399,188.43 |