HomeHistoryJPYMay 30, 2023

GOLD PRICE IN JAPANESE YEN — MAY 30, 2023

💱 XAU/JPY · Tuesday, May 30, 2023

¥277,759.24 JPY/oz
rose +0.40%

On Tuesday, May 30, 2023, the gold spot price was C$2,663.08 per troy ounce in Canadian Dollars, equivalent to ¥277,759.24 JPY per ounce or ¥8,930.16 JPY per gram. Gold rose +0.40% 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 30, 2023

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,663.08C$85.62C$85,619.89
JPY¥277,759.24¥8,930.16¥8,930,154.13

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,642.27¥275,588.76
HighC$2,669.33¥278,411.12
LowC$2,626.35¥273,928.31
CloseC$2,663.08¥277,759.24

RELATED