GOLD PRICE IN JAPANESE YEN — MARCH 13, 2023
💱 XAU/JPY · Monday, March 13, 2023
On Monday, March 13, 2023, the gold spot price was C$2,631.23 per troy ounce in Canadian Dollars, equivalent to ¥274,437.29 JPY per ounce or ¥8,823.36 JPY per gram. Gold rose +2.17% 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 13, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,631.23 | C$84.60 | C$84,595.89 |
| JPY | ¥274,437.29 | ¥8,823.36 | ¥8,823,350.95 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,602.46 | ¥271,436.58 |
| High | C$2,633.15 | ¥274,637.55 |
| Low | C$2,580.85 | ¥269,182.65 |
| Close | C$2,631.23 | ¥274,437.29 |