GOLD PRICE IN JAPANESE YEN — AUGUST 17, 2023
💱 XAU/JPY · Thursday, August 17, 2023
On Thursday, August 17, 2023, the gold spot price was C$2,550.43 per troy ounce in Canadian Dollars, equivalent to ¥266,009.85 JPY per ounce or ¥8,552.41 JPY per gram. Gold fell -0.29% 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 17, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,550.43 | C$82.00 | C$81,998.11 |
| JPY | ¥266,009.85 | ¥8,552.41 | ¥8,552,402.85 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,563.43 | ¥267,365.75 |
| High | C$2,575.20 | ¥268,593.36 |
| Low | C$2,550.30 | ¥265,996.29 |
| Close | C$2,550.43 | ¥266,009.85 |