GOLD PRICE IN JAPANESE YEN — AUGUST 18, 2023
💱 XAU/JPY · Friday, August 18, 2023
On Friday, August 18, 2023, the gold spot price was C$2,554.76 per troy ounce in Canadian Dollars, equivalent to ¥266,461.47 JPY per ounce or ¥8,566.93 JPY per gram. Gold rose +0.17% 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 18, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,554.76 | C$82.14 | C$82,137.32 |
| JPY | ¥266,461.47 | ¥8,566.93 | ¥8,566,922.72 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,562.48 | ¥267,266.66 |
| High | C$2,562.48 | ¥267,266.66 |
| Low | C$2,554.76 | ¥266,461.47 |
| Close | C$2,554.76 | ¥266,461.47 |