GOLD PRICE IN JAPANESE YEN — OCTOBER 2, 2023
💱 XAU/JPY · Monday, October 2, 2023
On Monday, October 2, 2023, the gold spot price was C$2,483.99 per troy ounce in Canadian Dollars, equivalent to ¥259,080.16 JPY per ounce or ¥8,329.61 JPY per gram. Gold fell -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 — OCTOBER 2, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,483.99 | C$79.86 | C$79,862.02 |
| JPY | ¥259,080.16 | ¥8,329.61 | ¥8,329,608.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,503.13 | ¥261,076.46 |
| High | C$2,505.57 | ¥261,330.95 |
| Low | C$2,479.51 | ¥258,612.89 |
| Close | C$2,483.99 | ¥259,080.16 |