GOLD PRICE IN JAPANESE YEN — AUGUST 9, 2023
💱 XAU/JPY · Wednesday, August 9, 2023
On Wednesday, August 9, 2023, the gold spot price was C$2,571.42 per troy ounce in Canadian Dollars, equivalent to ¥268,199.11 JPY per ounce or ¥8,622.80 JPY per gram. Gold fell -0.05% 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 9, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,571.42 | C$82.67 | C$82,672.95 |
| JPY | ¥268,199.11 | ¥8,622.80 | ¥8,622,789.00 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,584.85 | ¥269,599.86 |
| High | C$2,589.41 | ¥270,075.46 |
| Low | C$2,569.14 | ¥267,961.30 |
| Close | C$2,571.42 | ¥268,199.11 |