GOLD PRICE IN JAPANESE YEN — JANUARY 4, 2023
💱 XAU/JPY · Wednesday, January 4, 2023
On Wednesday, January 4, 2023, the gold spot price was C$2,533.54 per troy ounce in Canadian Dollars, equivalent to ¥264,248.22 JPY per ounce or ¥8,495.77 JPY per gram. Gold rose +1.57% 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 4, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,533.54 | C$81.46 | C$81,455.08 |
| JPY | ¥264,248.22 | ¥8,495.77 | ¥8,495,765.31 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,523.69 | ¥263,220.87 |
| High | C$2,542.15 | ¥265,146.25 |
| Low | C$2,523.69 | ¥263,220.87 |
| Close | C$2,533.54 | ¥264,248.22 |