GOLD PRICE IN JAPANESE YEN — OCTOBER 5, 2023
💱 XAU/JPY · Thursday, October 5, 2023
On Thursday, October 5, 2023, the gold spot price was C$2,496.77 per troy ounce in Canadian Dollars, equivalent to ¥260,413.11 JPY per ounce or ¥8,372.47 JPY per gram. Gold rose +0.15% 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 5, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,496.77 | C$80.27 | C$80,272.90 |
| JPY | ¥260,413.11 | ¥8,372.47 | ¥8,372,463.81 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,510.10 | ¥261,803.43 |
| High | C$2,510.10 | ¥261,803.43 |
| Low | C$2,495.40 | ¥260,270.22 |
| Close | C$2,496.77 | ¥260,413.11 |