GOLD PRICE IN JAPANESE YEN — OCTOBER 17, 2023
💱 XAU/JPY · Tuesday, October 17, 2023
On Tuesday, October 17, 2023, the gold spot price was C$2,617.64 per troy ounce in Canadian Dollars, equivalent to ¥273,019.85 JPY per ounce or ¥8,777.79 JPY per gram. Gold fell -0.14% 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 17, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,617.64 | C$84.16 | C$84,158.96 |
| JPY | ¥273,019.85 | ¥8,777.79 | ¥8,777,779.36 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,606.20 | ¥271,826.66 |
| High | C$2,621.86 | ¥273,460.00 |
| Low | C$2,606.20 | ¥271,826.66 |
| Close | C$2,617.64 | ¥273,019.85 |