GOLD PRICE IN JAPANESE YEN — OCTOBER 24, 2023
💱 XAU/JPY · Tuesday, October 24, 2023
On Tuesday, October 24, 2023, the gold spot price was C$2,703.48 per troy ounce in Canadian Dollars, equivalent to ¥281,972.96 JPY per ounce or ¥9,065.63 JPY per gram. Gold fell -0.17% 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 24, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,703.48 | C$86.92 | C$86,918.77 |
| JPY | ¥281,972.96 | ¥9,065.63 | ¥9,065,628.17 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,697.05 | ¥281,302.32 |
| High | C$2,703.48 | ¥281,972.96 |
| Low | C$2,697.05 | ¥281,302.32 |
| Close | C$2,703.48 | ¥281,972.96 |