GOLD PRICE IN JAPANESE YEN — AUGUST 31, 2023
💱 XAU/JPY · Thursday, August 31, 2023
On Thursday, August 31, 2023, the gold spot price was C$2,623.41 per troy ounce in Canadian Dollars, equivalent to ¥273,621.66 JPY per ounce or ¥8,797.13 JPY per gram. Gold fell -0.49% 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 31, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,623.41 | C$84.34 | C$84,344.47 |
| JPY | ¥273,621.66 | ¥8,797.13 | ¥8,797,128.00 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,631.80 | ¥274,496.74 |
| High | C$2,631.80 | ¥274,496.74 |
| Low | C$2,623.41 | ¥273,621.66 |
| Close | C$2,623.41 | ¥273,621.66 |