GOLD PRICE IN JAPANESE YEN — FEBRUARY 8, 2023
💱 XAU/JPY · Wednesday, February 8, 2023
On Wednesday, February 8, 2023, the gold spot price was C$2,513.86 per troy ounce in Canadian Dollars, equivalent to ¥262,195.60 JPY per ounce or ¥8,429.78 JPY per gram. Gold fell -0.08% 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 8, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,513.86 | C$80.82 | C$80,822.36 |
| JPY | ¥262,195.60 | ¥8,429.78 | ¥8,429,772.01 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,506.76 | ¥261,455.07 |
| High | C$2,517.87 | ¥262,613.84 |
| Low | C$2,506.76 | ¥261,455.07 |
| Close | C$2,513.86 | ¥262,195.60 |