GOLD PRICE IN JAPANESE YEN — JANUARY 12, 2023
💱 XAU/JPY · Thursday, January 12, 2023
On Thursday, January 12, 2023, the gold spot price was C$2,545.66 per troy ounce in Canadian Dollars, equivalent to ¥265,512.34 JPY per ounce or ¥8,536.41 JPY per gram. Gold rose +1.09% 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 12, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,545.66 | C$81.84 | C$81,844.75 |
| JPY | ¥265,512.34 | ¥8,536.41 | ¥8,536,407.53 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,521.08 | ¥262,948.64 |
| High | C$2,548.21 | ¥265,778.30 |
| Low | C$2,521.08 | ¥262,948.64 |
| Close | C$2,545.66 | ¥265,512.34 |