GOLD PRICE IN JAPANESE YEN — JANUARY 31, 2023
💱 XAU/JPY · Tuesday, January 31, 2023
On Tuesday, January 31, 2023, the gold spot price was C$2,582.40 per troy ounce in Canadian Dollars, equivalent to ¥269,344.32 JPY per ounce or ¥8,659.61 JPY per gram. Gold rose +0.95% 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 31, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,582.40 | C$83.03 | C$83,025.97 |
| JPY | ¥269,344.32 | ¥8,659.61 | ¥8,659,608.43 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,573.70 | ¥268,436.91 |
| High | C$2,583.61 | ¥269,470.52 |
| Low | C$2,543.72 | ¥265,310.00 |
| Close | C$2,582.40 | ¥269,344.32 |