GOLD PRICE IN JAPANESE YEN — OCTOBER 31, 2023
💱 XAU/JPY · Tuesday, October 31, 2023
On Tuesday, October 31, 2023, the gold spot price was C$2,745.25 per troy ounce in Canadian Dollars, equivalent to ¥286,329.58 JPY per ounce or ¥9,205.70 JPY per gram. Gold fell -0.80% 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 31, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,745.25 | C$88.26 | C$88,261.71 |
| JPY | ¥286,329.58 | ¥9,205.70 | ¥9,205,696.27 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,760.88 | ¥287,959.78 |
| High | C$2,767.10 | ¥288,608.53 |
| Low | C$2,743.18 | ¥286,113.67 |
| Close | C$2,745.25 | ¥286,329.58 |