GOLD PRICE IN JAPANESE YEN — JANUARY 20, 2023
💱 XAU/JPY · Friday, January 20, 2023
On Friday, January 20, 2023, the gold spot price was C$2,593.67 per troy ounce in Canadian Dollars, equivalent to ¥270,519.78 JPY per ounce or ¥8,697.41 JPY per gram. Gold fell -0.01% 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 20, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,593.67 | C$83.39 | C$83,388.31 |
| JPY | ¥270,519.78 | ¥8,697.41 | ¥8,697,400.32 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,587.88 | ¥269,915.88 |
| High | C$2,596.49 | ¥270,813.91 |
| Low | C$2,586.93 | ¥269,816.80 |
| Close | C$2,593.67 | ¥270,519.78 |