GOLD PRICE IN JAPANESE YEN — FEBRUARY 22, 2023
💱 XAU/JPY · Wednesday, February 22, 2023
On Wednesday, February 22, 2023, the gold spot price was C$2,479.59 per troy ounce in Canadian Dollars, equivalent to ¥258,621.24 JPY per ounce or ¥8,314.86 JPY per gram. Gold rose +0.55% 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 22, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,479.59 | C$79.72 | C$79,720.55 |
| JPY | ¥258,621.24 | ¥8,314.86 | ¥8,314,853.80 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,484.60 | ¥259,143.78 |
| High | C$2,485.28 | ¥259,214.70 |
| Low | C$2,470.25 | ¥257,647.07 |
| Close | C$2,479.59 | ¥258,621.24 |