GOLD PRICE IN JAPANESE YEN — MAY 5, 2023
💱 XAU/JPY · Friday, May 5, 2023
On Friday, May 5, 2023, the gold spot price was C$2,728.13 per troy ounce in Canadian Dollars, equivalent to ¥284,543.96 JPY per ounce or ¥9,148.29 JPY per gram. Gold fell -2.28% 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 5, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,728.13 | C$87.71 | C$87,711.29 |
| JPY | ¥284,543.96 | ¥9,148.29 | ¥9,148,287.46 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,767.35 | ¥288,634.61 |
| High | C$2,767.35 | ¥288,634.61 |
| Low | C$2,710.42 | ¥282,696.81 |
| Close | C$2,728.13 | ¥284,543.96 |