GOLD PRICE IN JAPANESE YEN — JULY 24, 2023
💱 XAU/JPY · Monday, July 24, 2023
On Monday, July 24, 2023, the gold spot price was C$2,592.30 per troy ounce in Canadian Dollars, equivalent to ¥270,376.89 JPY per ounce or ¥8,692.81 JPY per gram. Gold rose +0.17% 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 24, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,592.30 | C$83.34 | C$83,344.26 |
| JPY | ¥270,376.89 | ¥8,692.81 | ¥8,692,806.28 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,598.91 | ¥271,066.31 |
| High | C$2,599.18 | ¥271,094.47 |
| Low | C$2,592.30 | ¥270,376.89 |
| Close | C$2,592.30 | ¥270,376.89 |