GOLD PRICE IN JAPANESE YEN — FEBRUARY 7, 2023
💱 XAU/JPY · Tuesday, February 7, 2023
On Tuesday, February 7, 2023, the gold spot price was C$2,515.75 per troy ounce in Canadian Dollars, equivalent to ¥262,392.73 JPY per ounce or ¥8,436.12 JPY per gram. Gold rose +0.60% 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 7, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,515.75 | C$80.88 | C$80,883.12 |
| JPY | ¥262,392.73 | ¥8,436.12 | ¥8,436,109.78 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,513.47 | ¥262,154.92 |
| High | C$2,521.13 | ¥262,953.86 |
| Low | C$2,510.78 | ¥261,874.35 |
| Close | C$2,515.75 | ¥262,392.73 |