GOLD PRICE IN JAPANESE YEN — AUGUST 29, 2023
💱 XAU/JPY · Tuesday, August 29, 2023
On Tuesday, August 29, 2023, the gold spot price was C$2,633.85 per troy ounce in Canadian Dollars, equivalent to ¥274,710.56 JPY per ounce or ¥8,832.14 JPY per gram. Gold rose +1.02% 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 29, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,633.85 | C$84.68 | C$84,680.12 |
| JPY | ¥274,710.56 | ¥8,832.14 | ¥8,832,136.64 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,608.56 | ¥272,072.81 |
| High | C$2,633.85 | ¥274,710.56 |
| Low | C$2,607.19 | ¥271,929.92 |
| Close | C$2,633.85 | ¥274,710.56 |