GOLD PRICE IN JAPANESE YEN — OCTOBER 4, 2023
💱 XAU/JPY · Wednesday, October 4, 2023
On Wednesday, October 4, 2023, the gold spot price was C$2,493.00 per troy ounce in Canadian Dollars, equivalent to ¥260,019.90 JPY per ounce or ¥8,359.83 JPY per gram. Gold fell -0.10% 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 4, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,493.00 | C$80.15 | C$80,151.70 |
| JPY | ¥260,019.90 | ¥8,359.83 | ¥8,359,821.80 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,497.52 | ¥260,491.34 |
| High | C$2,506.30 | ¥261,407.09 |
| Low | C$2,490.12 | ¥259,719.52 |
| Close | C$2,493.00 | ¥260,019.90 |