GOLD PRICE IN JAPANESE YEN — OCTOBER 10, 2023
💱 XAU/JPY · Tuesday, October 10, 2023
On Tuesday, October 10, 2023, the gold spot price was C$2,527.33 per troy ounce in Canadian Dollars, equivalent to ¥263,600.52 JPY per ounce or ¥8,474.95 JPY per gram. Gold rose +0.03% 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 10, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,527.33 | C$81.26 | C$81,255.43 |
| JPY | ¥263,600.52 | ¥8,474.95 | ¥8,474,941.21 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,521.90 | ¥263,034.17 |
| High | C$2,527.87 | ¥263,656.84 |
| Low | C$2,516.20 | ¥262,439.66 |
| Close | C$2,527.33 | ¥263,600.52 |