GOLD PRICE IN JAPANESE YEN — MAY 2, 2023
💱 XAU/JPY · Tuesday, May 2, 2023
On Tuesday, May 2, 2023, the gold spot price was C$2,729.78 per troy ounce in Canadian Dollars, equivalent to ¥284,716.05 JPY per ounce or ¥9,153.83 JPY per gram. Gold rose +1.50% 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 — MAY 2, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,729.78 | C$87.76 | C$87,764.34 |
| JPY | ¥284,716.05 | ¥9,153.83 | ¥9,153,820.44 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,703.22 | ¥281,945.85 |
| High | C$2,734.79 | ¥285,238.60 |
| Low | C$2,703.22 | ¥281,945.85 |
| Close | C$2,729.78 | ¥284,716.05 |