GOLD PRICE IN JAPANESE YEN — AUGUST 21, 2023
💱 XAU/JPY · Monday, August 21, 2023
On Monday, August 21, 2023, the gold spot price was C$2,563.83 per troy ounce in Canadian Dollars, equivalent to ¥267,407.47 JPY per ounce or ¥8,597.34 JPY per gram. Gold rose +0.36% 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 21, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,563.83 | C$82.43 | C$82,428.93 |
| JPY | ¥267,407.47 | ¥8,597.34 | ¥8,597,337.31 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,564.24 | ¥267,450.23 |
| High | C$2,564.24 | ¥267,450.23 |
| Low | C$2,563.83 | ¥267,407.47 |
| Close | C$2,563.83 | ¥267,407.47 |