HomeHistoryJPYMarch 23, 2023

GOLD PRICE IN JAPANESE YEN — MARCH 23, 2023

💱 XAU/JPY · Thursday, March 23, 2023

¥285,243.81 JPY/oz
rose +2.47%

On Thursday, March 23, 2023, the gold spot price was C$2,734.84 per troy ounce in Canadian Dollars, equivalent to ¥285,243.81 JPY per ounce or ¥9,170.79 JPY per gram. Gold rose +2.47% 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 23, 2023

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,734.84C$87.93C$87,927.02
JPY¥285,243.81¥9,170.79¥9,170,788.23

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,730.31¥284,771.33
HighC$2,735.93¥285,357.50
LowC$2,730.31¥284,771.33
CloseC$2,734.84¥285,243.81

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