HomeHistoryJPYAugust 3, 2023

GOLD PRICE IN JAPANESE YEN — AUGUST 3, 2023

💱 XAU/JPY · Thursday, August 3, 2023

¥268,879.14 JPY/oz
rose +0.28%

On Thursday, August 3, 2023, the gold spot price was C$2,577.94 per troy ounce in Canadian Dollars, equivalent to ¥268,879.14 JPY per ounce or ¥8,644.66 JPY per gram. Gold rose +0.28% 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 3, 2023

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,577.94C$82.88C$82,882.58
JPY¥268,879.14¥8,644.66¥8,644,652.63

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,580.88¥269,185.78
HighC$2,583.95¥269,505.99
LowC$2,572.61¥268,323.22
CloseC$2,577.94¥268,879.14

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