GOLD PRICE IN JAPANESE YEN — JANUARY 6, 2023
💱 XAU/JPY · Friday, January 6, 2023
On Friday, January 6, 2023, the gold spot price was C$2,527.84 per troy ounce in Canadian Dollars, equivalent to ¥263,653.71 JPY per ounce or ¥8,476.66 JPY per gram. Gold rose +2.17% 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 — JANUARY 6, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,527.84 | C$81.27 | C$81,271.83 |
| JPY | ¥263,653.71 | ¥8,476.66 | ¥8,476,651.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,492.85 | ¥260,004.25 |
| High | C$2,533.26 | ¥264,219.02 |
| Low | C$2,488.65 | ¥259,566.20 |
| Close | C$2,527.84 | ¥263,653.71 |