GOLD PRICE IN JAPANESE YEN — OCTOBER 6, 2023
💱 XAU/JPY · Friday, October 6, 2023
On Friday, October 6, 2023, the gold spot price was C$2,508.42 per troy ounce in Canadian Dollars, equivalent to ¥261,628.21 JPY per ounce or ¥8,411.54 JPY per gram. Gold rose +0.47% 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 6, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,508.42 | C$80.65 | C$80,647.46 |
| JPY | ¥261,628.21 | ¥8,411.54 | ¥8,411,529.96 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,493.07 | ¥260,027.20 |
| High | C$2,510.61 | ¥261,856.62 |
| Low | C$2,479.91 | ¥258,654.61 |
| Close | C$2,508.42 | ¥261,628.21 |