GOLD PRICE IN JAPANESE YEN — MAY 4, 2023
💱 XAU/JPY · Thursday, May 4, 2023
On Thursday, May 4, 2023, the gold spot price was C$2,791.81 per troy ounce in Canadian Dollars, equivalent to ¥291,185.78 JPY per ounce or ¥9,361.83 JPY per gram. Gold rose +1.05% 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 4, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,791.81 | C$89.76 | C$89,758.65 |
| JPY | ¥291,185.78 | ¥9,361.83 | ¥9,361,826.75 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,787.72 | ¥290,759.20 |
| High | C$2,824.53 | ¥294,598.48 |
| Low | C$2,780.91 | ¥290,048.91 |
| Close | C$2,791.81 | ¥291,185.78 |