GOLD PRICE IN JAPANESE YEN — JULY 7, 2023
💱 XAU/JPY · Friday, July 7, 2023
On Friday, July 7, 2023, the gold spot price was C$2,574.44 per troy ounce in Canadian Dollars, equivalent to ¥268,514.09 JPY per ounce or ¥8,632.92 JPY per gram. Gold rose +1.52% 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 7, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,574.44 | C$82.77 | C$82,770.05 |
| JPY | ¥268,514.09 | ¥8,632.92 | ¥8,632,916.02 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,557.34 | ¥266,730.56 |
| High | C$2,585.00 | ¥269,615.50 |
| Low | C$2,557.34 | ¥266,730.56 |
| Close | C$2,574.44 | ¥268,514.09 |