GOLD PRICE IN JAPANESE YEN — SEPTEMBER 1, 2023
💱 XAU/JPY · Friday, September 1, 2023
On Friday, September 1, 2023, the gold spot price was C$2,620.61 per troy ounce in Canadian Dollars, equivalent to ¥273,329.62 JPY per ounce or ¥8,787.74 JPY per gram. Gold fell -0.11% 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 — SEPTEMBER 1, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,620.61 | C$84.25 | C$84,254.45 |
| JPY | ¥273,329.62 | ¥8,787.74 | ¥8,787,738.71 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,634.39 | ¥274,766.88 |
| High | C$2,634.39 | ¥274,766.88 |
| Low | C$2,616.29 | ¥272,879.05 |
| Close | C$2,620.61 | ¥273,329.62 |