GOLD PRICE IN JAPANESE YEN — JULY 18, 2023
💱 XAU/JPY · Tuesday, July 18, 2023
On Tuesday, July 18, 2023, the gold spot price was C$2,610.20 per troy ounce in Canadian Dollars, equivalent to ¥272,243.86 JPY per ounce or ¥8,752.84 JPY per gram. Gold rose +1.09% 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 18, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,610.20 | C$83.92 | C$83,919.76 |
| JPY | ¥272,243.86 | ¥8,752.84 | ¥8,752,830.67 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,599.11 | ¥271,087.17 |
| High | C$2,611.78 | ¥272,408.65 |
| Low | C$2,591.98 | ¥270,343.51 |
| Close | C$2,610.20 | ¥272,243.86 |