GOLD PRICE IN JAPANESE YEN — OCTOBER 3, 2023
💱 XAU/JPY · Tuesday, October 3, 2023
On Tuesday, October 3, 2023, the gold spot price was C$2,495.38 per troy ounce in Canadian Dollars, equivalent to ¥260,268.13 JPY per ounce or ¥8,367.81 JPY per gram. Gold rose +0.46% 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 3, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,495.38 | C$80.23 | C$80,228.21 |
| JPY | ¥260,268.13 | ¥8,367.81 | ¥8,367,802.70 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,495.92 | ¥260,324.46 |
| High | C$2,503.99 | ¥261,166.16 |
| Low | C$2,484.71 | ¥259,155.25 |
| Close | C$2,495.38 | ¥260,268.13 |