GOLD PRICE IN JAPANESE YEN — SEPTEMBER 8, 2023
💱 XAU/JPY · Friday, September 8, 2023
On Friday, September 8, 2023, the gold spot price was C$2,625.04 per troy ounce in Canadian Dollars, equivalent to ¥273,791.67 JPY per ounce or ¥8,802.60 JPY per gram. Gold rose +0.37% 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 8, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,625.04 | C$84.40 | C$84,396.87 |
| JPY | ¥273,791.67 | ¥8,802.60 | ¥8,802,593.91 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,632.71 | ¥274,591.65 |
| High | C$2,633.66 | ¥274,690.74 |
| Low | C$2,625.04 | ¥273,791.67 |
| Close | C$2,625.04 | ¥273,791.67 |