GOLD PRICE IN JAPANESE YEN — JULY 6, 2023
💱 XAU/JPY · Thursday, July 6, 2023
On Thursday, July 6, 2023, the gold spot price was C$2,535.88 per troy ounce in Canadian Dollars, equivalent to ¥264,492.28 JPY per ounce or ¥8,503.62 JPY per gram. Gold fell -0.10% 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 — JULY 6, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,535.88 | C$81.53 | C$81,530.32 |
| JPY | ¥264,492.28 | ¥8,503.62 | ¥8,503,612.08 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,536.68 | ¥264,575.72 |
| High | C$2,537.87 | ¥264,699.84 |
| Low | C$2,528.57 | ¥263,729.85 |
| Close | C$2,535.88 | ¥264,492.28 |