GOLD PRICE IN JAPANESE YEN — FEBRUARY 28, 2023
💱 XAU/JPY · Tuesday, February 28, 2023
On Tuesday, February 28, 2023, the gold spot price was C$2,482.55 per troy ounce in Canadian Dollars, equivalent to ¥258,929.97 JPY per ounce or ¥8,324.79 JPY per gram. Gold rose +0.51% 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 28, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,482.55 | C$79.82 | C$79,815.72 |
| JPY | ¥258,929.97 | ¥8,324.79 | ¥8,324,779.63 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,454.31 | ¥255,984.53 |
| High | C$2,484.04 | ¥259,085.37 |
| Low | C$2,454.31 | ¥255,984.53 |
| Close | C$2,482.55 | ¥258,929.97 |