HomeHistoryJPYAugust 22, 2023

GOLD PRICE IN JAPANESE YEN — AUGUST 22, 2023

💱 XAU/JPY · Tuesday, August 22, 2023

¥267,872.65 JPY/oz
rose +0.17%

On Tuesday, August 22, 2023, the gold spot price was C$2,568.29 per troy ounce in Canadian Dollars, equivalent to ¥267,872.65 JPY per ounce or ¥8,612.30 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 22, 2023

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,568.29C$82.57C$82,572.32
JPY¥267,872.65¥8,612.30¥8,612,293.11

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,565.86¥267,619.20
HighC$2,568.84¥267,930.01
LowC$2,563.42¥267,364.71
CloseC$2,568.29¥267,872.65

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