GOLD PRICE IN JAPANESE YEN — FEBRUARY 16, 2023
💱 XAU/JPY · Thursday, February 16, 2023
On Thursday, February 16, 2023, the gold spot price was C$2,466.55 per troy ounce in Canadian Dollars, equivalent to ¥257,261.17 JPY per ounce or ¥8,271.13 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 16, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,466.55 | C$79.30 | C$79,301.31 |
| JPY | ¥257,261.17 | ¥8,271.13 | ¥8,271,126.54 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,462.00 | ¥256,786.60 |
| High | C$2,468.82 | ¥257,497.93 |
| Low | C$2,446.73 | ¥255,193.94 |
| Close | C$2,466.55 | ¥257,261.17 |