GOLD PRICE IN JAPANESE YEN — AUGUST 30, 2023
💱 XAU/JPY · Wednesday, August 30, 2023
On Wednesday, August 30, 2023, the gold spot price was C$2,636.26 per troy ounce in Canadian Dollars, equivalent to ¥274,961.92 JPY per ounce or ¥8,840.22 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 30, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,636.26 | C$84.76 | C$84,757.60 |
| JPY | ¥274,961.92 | ¥8,840.22 | ¥8,840,218.14 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,625.00 | ¥273,787.50 |
| High | C$2,639.10 | ¥275,258.13 |
| Low | C$2,623.10 | ¥273,589.33 |
| Close | C$2,636.26 | ¥274,961.92 |