GOLD PRICE IN JAPANESE YEN — AUGUST 11, 2023
💱 XAU/JPY · Friday, August 11, 2023
On Friday, August 11, 2023, the gold spot price was C$2,571.86 per troy ounce in Canadian Dollars, equivalent to ¥268,245.00 JPY per ounce or ¥8,624.27 JPY per gram. Gold rose +0.12% 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 11, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,571.86 | C$82.69 | C$82,687.10 |
| JPY | ¥268,245.00 | ¥8,624.27 | ¥8,624,264.46 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,571.99 | ¥268,258.56 |
| High | C$2,576.83 | ¥268,763.37 |
| Low | C$2,570.38 | ¥268,090.63 |
| Close | C$2,571.86 | ¥268,245.00 |