GOLD PRICE IN JAPANESE YEN — OCTOBER 12, 2023
💱 XAU/JPY · Thursday, October 12, 2023
On Thursday, October 12, 2023, the gold spot price was C$2,541.22 per troy ounce in Canadian Dollars, equivalent to ¥265,049.25 JPY per ounce or ¥8,521.52 JPY per gram. Gold fell -0.11% 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 12, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,541.22 | C$81.70 | C$81,702.00 |
| JPY | ¥265,049.25 | ¥8,521.52 | ¥8,521,518.79 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,548.56 | ¥265,814.81 |
| High | C$2,557.40 | ¥266,736.82 |
| Low | C$2,538.09 | ¥264,722.79 |
| Close | C$2,541.22 | ¥265,049.25 |