GOLD PRICE IN JAPANESE YEN — JANUARY 11, 2023
💱 XAU/JPY · Wednesday, January 11, 2023
On Wednesday, January 11, 2023, the gold spot price was C$2,518.13 per troy ounce in Canadian Dollars, equivalent to ¥262,640.96 JPY per ounce or ¥8,444.10 JPY per gram. Gold rose +0.45% 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 11, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,518.13 | C$80.96 | C$80,959.64 |
| JPY | ¥262,640.96 | ¥8,444.10 | ¥8,444,090.68 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,516.12 | ¥262,431.32 |
| High | C$2,522.43 | ¥263,089.45 |
| Low | C$2,516.12 | ¥262,431.32 |
| Close | C$2,518.13 | ¥262,640.96 |