GOLD PRICE IN JAPANESE YEN — MARCH 2, 2023
💱 XAU/JPY · Thursday, March 2, 2023
On Thursday, March 2, 2023, the gold spot price was C$2,491.65 per troy ounce in Canadian Dollars, equivalent to ¥259,879.10 JPY per ounce or ¥8,355.30 JPY per gram. Gold fell -0.64% 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 — MARCH 2, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,491.65 | C$80.11 | C$80,108.29 |
| JPY | ¥259,879.10 | ¥8,355.30 | ¥8,355,294.82 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,486.90 | ¥259,383.67 |
| High | C$2,495.46 | ¥260,276.48 |
| Low | C$2,486.90 | ¥259,383.67 |
| Close | C$2,491.65 | ¥259,879.10 |