GOLD PRICE IN JAPANESE YEN — JULY 28, 2023
💱 XAU/JPY · Friday, July 28, 2023
On Friday, July 28, 2023, the gold spot price was C$2,593.02 per troy ounce in Canadian Dollars, equivalent to ¥270,451.99 JPY per ounce or ¥8,695.23 JPY per gram. Gold rose +0.94% 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 28, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,593.02 | C$83.37 | C$83,367.41 |
| JPY | ¥270,451.99 | ¥8,695.23 | ¥8,695,220.67 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,573.31 | ¥268,396.23 |
| High | C$2,595.40 | ¥270,700.22 |
| Low | C$2,571.59 | ¥268,216.84 |
| Close | C$2,593.02 | ¥270,451.99 |