GOLD PRICE IN JAPANESE YEN — OCTOBER 23, 2023
💱 XAU/JPY · Monday, October 23, 2023
On Monday, October 23, 2023, the gold spot price was C$2,708.12 per troy ounce in Canadian Dollars, equivalent to ¥282,456.92 JPY per ounce or ¥9,081.19 JPY per gram. Gold fell -0.40% 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 23, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,708.12 | C$87.07 | C$87,067.95 |
| JPY | ¥282,456.92 | ¥9,081.19 | ¥9,081,187.57 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,707.99 | ¥282,443.36 |
| High | C$2,711.69 | ¥282,829.27 |
| Low | C$2,703.47 | ¥281,971.92 |
| Close | C$2,708.12 | ¥282,456.92 |