GOLD PRICE IN JAPANESE YEN — JANUARY 18, 2023
💱 XAU/JPY · Wednesday, January 18, 2023
On Wednesday, January 18, 2023, the gold spot price was C$2,549.99 per troy ounce in Canadian Dollars, equivalent to ¥265,963.96 JPY per ounce or ¥8,550.93 JPY per gram. Gold fell -0.21% 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 18, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,549.99 | C$81.98 | C$81,983.96 |
| JPY | ¥265,963.96 | ¥8,550.93 | ¥8,550,927.39 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,558.96 | ¥266,899.53 |
| High | C$2,558.96 | ¥266,899.53 |
| Low | C$2,548.25 | ¥265,782.48 |
| Close | C$2,549.99 | ¥265,963.96 |