GOLD PRICE IN JAPANESE YEN — FEBRUARY 6, 2023
💱 XAU/JPY · Monday, February 6, 2023
On Monday, February 6, 2023, the gold spot price was C$2,500.65 per troy ounce in Canadian Dollars, equivalent to ¥260,817.80 JPY per ounce or ¥8,385.48 JPY per gram. Gold rose +0.80% 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 6, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,500.65 | C$80.40 | C$80,397.65 |
| JPY | ¥260,817.80 | ¥8,385.48 | ¥8,385,474.68 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,499.85 | ¥260,734.35 |
| High | C$2,519.14 | ¥262,746.30 |
| Low | C$2,496.90 | ¥260,426.67 |
| Close | C$2,500.65 | ¥260,817.80 |