GOLD PRICE IN JAPANESE YEN — MAY 22, 2023
💱 XAU/JPY · Monday, May 22, 2023
On Monday, May 22, 2023, the gold spot price was C$2,663.61 per troy ounce in Canadian Dollars, equivalent to ¥277,814.52 JPY per ounce or ¥8,931.94 JPY per gram. Gold fell -0.27% 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 22, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,663.61 | C$85.64 | C$85,636.93 |
| JPY | ¥277,814.52 | ¥8,931.94 | ¥8,931,931.38 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,671.30 | ¥278,616.59 |
| High | C$2,671.30 | ¥278,616.59 |
| Low | C$2,663.61 | ¥277,814.52 |
| Close | C$2,663.61 | ¥277,814.52 |