GOLD PRICE IN JAPANESE YEN — MAY 10, 2023
💱 XAU/JPY · Wednesday, May 10, 2023
On Wednesday, May 10, 2023, the gold spot price was C$2,715.79 per troy ounce in Canadian Dollars, equivalent to ¥283,256.90 JPY per ounce or ¥9,106.91 JPY per gram. Gold fell -0.26% 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 10, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,715.79 | C$87.31 | C$87,314.55 |
| JPY | ¥283,256.90 | ¥9,106.91 | ¥9,106,907.52 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,718.20 | ¥283,508.26 |
| High | C$2,734.25 | ¥285,182.27 |
| Low | C$2,714.46 | ¥283,118.18 |
| Close | C$2,715.79 | ¥283,256.90 |