GOLD PRICE IN JAPANESE YEN — MAY 26, 2023
💱 XAU/JPY · Friday, May 26, 2023
On Friday, May 26, 2023, the gold spot price was C$2,652.37 per troy ounce in Canadian Dollars, equivalent to ¥276,642.19 JPY per ounce or ¥8,894.25 JPY per gram. Gold rose +0.45% 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 26, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,652.37 | C$85.28 | C$85,275.55 |
| JPY | ¥276,642.19 | ¥8,894.25 | ¥8,894,240.09 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,657.97 | ¥277,226.27 |
| High | C$2,658.24 | ¥277,254.43 |
| Low | C$2,652.37 | ¥276,642.19 |
| Close | C$2,652.37 | ¥276,642.19 |