GOLD PRICE IN JAPANESE YEN — AUGUST 2, 2023
💱 XAU/JPY · Wednesday, August 2, 2023
On Wednesday, August 2, 2023, the gold spot price was C$2,570.64 per troy ounce in Canadian Dollars, equivalent to ¥268,117.75 JPY per ounce or ¥8,620.18 JPY per gram. Gold rose +0.41% 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 — AUGUST 2, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,570.64 | C$82.65 | C$82,647.88 |
| JPY | ¥268,117.75 | ¥8,620.18 | ¥8,620,173.41 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,585.23 | ¥269,639.49 |
| High | C$2,592.13 | ¥270,359.16 |
| Low | C$2,565.07 | ¥267,536.80 |
| Close | C$2,570.64 | ¥268,117.75 |