GOLD PRICE IN JAPANESE YEN — AUGUST 25, 2023
💱 XAU/JPY · Friday, August 25, 2023
On Friday, August 25, 2023, the gold spot price was C$2,596.57 per troy ounce in Canadian Dollars, equivalent to ¥270,822.25 JPY per ounce or ¥8,707.13 JPY per gram. Gold rose +0.09% 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 25, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,596.57 | C$83.48 | C$83,481.54 |
| JPY | ¥270,822.25 | ¥8,707.13 | ¥8,707,124.95 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,608.39 | ¥272,055.08 |
| High | C$2,608.39 | ¥272,055.08 |
| Low | C$2,596.57 | ¥270,822.25 |
| Close | C$2,596.57 | ¥270,822.25 |