GOLD PRICE IN JAPANESE YEN — FEBRUARY 3, 2023
💱 XAU/JPY · Friday, February 3, 2023
On Friday, February 3, 2023, the gold spot price was C$2,480.75 per troy ounce in Canadian Dollars, equivalent to ¥258,742.23 JPY per ounce or ¥8,318.75 JPY per gram. Gold fell -2.48% 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 3, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,480.75 | C$79.76 | C$79,757.85 |
| JPY | ¥258,742.23 | ¥8,318.75 | ¥8,318,743.65 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,546.67 | ¥265,617.68 |
| High | C$2,552.79 | ¥266,256.00 |
| Low | C$2,478.89 | ¥258,548.23 |
| Close | C$2,480.75 | ¥258,742.23 |