GOLD PRICE IN JAPANESE YEN — JANUARY 5, 2023
💱 XAU/JPY · Thursday, January 5, 2023
On Thursday, January 5, 2023, the gold spot price was C$2,474.25 per troy ounce in Canadian Dollars, equivalent to ¥258,064.28 JPY per ounce or ¥8,296.95 JPY per gram. Gold fell -2.34% 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 5, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,474.25 | C$79.55 | C$79,548.87 |
| JPY | ¥258,064.28 | ¥8,296.95 | ¥8,296,947.09 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,501.76 | ¥260,933.57 |
| High | C$2,501.76 | ¥260,933.57 |
| Low | C$2,474.25 | ¥258,064.28 |
| Close | C$2,474.25 | ¥258,064.28 |