GOLD PRICE IN JAPANESE YEN — FEBRUARY 27, 2023
💱 XAU/JPY · Monday, February 27, 2023
On Monday, February 27, 2023, the gold spot price was C$2,469.98 per troy ounce in Canadian Dollars, equivalent to ¥257,618.91 JPY per ounce or ¥8,282.63 JPY per gram. Gold rose +0.83% 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 27, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,469.98 | C$79.41 | C$79,411.59 |
| JPY | ¥257,618.91 | ¥8,282.63 | ¥8,282,628.42 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,462.63 | ¥256,852.31 |
| High | C$2,470.65 | ¥257,688.80 |
| Low | C$2,458.96 | ¥256,469.53 |
| Close | C$2,469.98 | ¥257,618.91 |