GOLD PRICE IN JAPANESE YEN — FEBRUARY 2, 2023
💱 XAU/JPY · Thursday, February 2, 2023
On Thursday, February 2, 2023, the gold spot price was C$2,543.89 per troy ounce in Canadian Dollars, equivalent to ¥265,327.73 JPY per ounce or ¥8,530.48 JPY per gram. Gold fell -0.83% 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 2, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,543.89 | C$81.79 | C$81,787.84 |
| JPY | ¥265,327.73 | ¥8,530.48 | ¥8,530,472.15 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,591.68 | ¥270,312.22 |
| High | C$2,600.71 | ¥271,254.05 |
| Low | C$2,537.25 | ¥264,635.18 |
| Close | C$2,543.89 | ¥265,327.73 |