GOLD PRICE IN JAPANESE YEN — FEBRUARY 1, 2023
💱 XAU/JPY · Wednesday, February 1, 2023
On Wednesday, February 1, 2023, the gold spot price was C$2,565.13 per troy ounce in Canadian Dollars, equivalent to ¥267,543.06 JPY per ounce or ¥8,601.70 JPY per gram. Gold fell -0.67% 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 — FEBRUARY 1, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,565.13 | C$82.47 | C$82,470.73 |
| JPY | ¥267,543.06 | ¥8,601.70 | ¥8,601,696.63 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,564.33 | ¥267,459.62 |
| High | C$2,601.32 | ¥271,317.68 |
| Low | C$2,557.41 | ¥266,737.86 |
| Close | C$2,565.13 | ¥267,543.06 |