GOLD PRICE IN JAPANESE YEN — SEPTEMBER 5, 2023
💱 XAU/JPY · Tuesday, September 5, 2023
On Tuesday, September 5, 2023, the gold spot price was C$2,619.38 per troy ounce in Canadian Dollars, equivalent to ¥273,201.33 JPY per ounce or ¥8,783.62 JPY per gram. Gold fell -0.05% 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 5, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,619.38 | C$84.21 | C$84,214.90 |
| JPY | ¥273,201.33 | ¥8,783.62 | ¥8,783,614.13 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,630.53 | ¥274,364.28 |
| High | C$2,630.53 | ¥274,364.28 |
| Low | C$2,617.34 | ¥272,988.56 |
| Close | C$2,619.38 | ¥273,201.33 |