GOLD PRICE IN JAPANESE YEN — MAY 3, 2023
💱 XAU/JPY · Wednesday, May 3, 2023
On Wednesday, May 3, 2023, the gold spot price was C$2,762.85 per troy ounce in Canadian Dollars, equivalent to ¥288,165.26 JPY per ounce or ¥9,264.72 JPY per gram. Gold rose +1.21% 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 3, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,762.85 | C$88.83 | C$88,827.56 |
| JPY | ¥288,165.26 | ¥9,264.72 | ¥9,264,714.66 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,747.19 | ¥286,531.92 |
| High | C$2,771.70 | ¥289,088.31 |
| Low | C$2,744.60 | ¥286,261.78 |
| Close | C$2,762.85 | ¥288,165.26 |