GOLD PRICE IN JAPANESE YEN — OCTOBER 19, 2023
💱 XAU/JPY · Thursday, October 19, 2023
On Thursday, October 19, 2023, the gold spot price was C$2,699.42 per troy ounce in Canadian Dollars, equivalent to ¥281,549.51 JPY per ounce or ¥9,052.02 JPY per gram. Gold rose +1.12% 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 19, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,699.42 | C$86.79 | C$86,788.24 |
| JPY | ¥281,549.51 | ¥9,052.02 | ¥9,052,013.70 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,674.33 | ¥278,932.62 |
| High | C$2,712.18 | ¥282,880.37 |
| Low | C$2,668.29 | ¥278,302.65 |
| Close | C$2,699.42 | ¥281,549.51 |