GOLD PRICE IN JAPANESE YEN — OCTOBER 11, 2023
💱 XAU/JPY · Wednesday, October 11, 2023
On Wednesday, October 11, 2023, the gold spot price was C$2,543.94 per troy ounce in Canadian Dollars, equivalent to ¥265,332.94 JPY per ounce or ¥8,530.65 JPY per gram. Gold rose +0.66% 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 11, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,543.94 | C$81.79 | C$81,789.45 |
| JPY | ¥265,332.94 | ¥8,530.65 | ¥8,530,639.82 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,539.45 | ¥264,864.63 |
| High | C$2,546.38 | ¥265,587.43 |
| Low | C$2,538.91 | ¥264,808.31 |
| Close | C$2,543.94 | ¥265,332.94 |