GOLD PRICE IN JAPANESE YEN — AUGUST 24, 2023
💱 XAU/JPY · Thursday, August 24, 2023
On Thursday, August 24, 2023, the gold spot price was C$2,594.12 per troy ounce in Canadian Dollars, equivalent to ¥270,566.72 JPY per ounce or ¥8,698.92 JPY per gram. Gold fell -0.21% 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 24, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,594.12 | C$83.40 | C$83,402.77 |
| JPY | ¥270,566.72 | ¥8,698.92 | ¥8,698,909.32 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,596.55 | ¥270,820.17 |
| High | C$2,597.63 | ¥270,932.81 |
| Low | C$2,594.12 | ¥270,566.72 |
| Close | C$2,594.12 | ¥270,566.72 |