GOLD PRICE IN JAPANESE YEN — JANUARY 3, 2023
💱 XAU/JPY · Tuesday, January 3, 2023
On Tuesday, January 3, 2023, the gold spot price was C$2,494.45 per troy ounce in Canadian Dollars, equivalent to ¥260,171.13 JPY per ounce or ¥8,364.69 JPY per gram. Gold rose +1.15% 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 — JANUARY 3, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,494.45 | C$80.20 | C$80,198.31 |
| JPY | ¥260,171.13 | ¥8,364.69 | ¥8,364,684.11 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,489.70 | ¥259,675.71 |
| High | C$2,494.45 | ¥260,171.13 |
| Low | C$2,489.70 | ¥259,675.71 |
| Close | C$2,494.45 | ¥260,171.13 |