GOLD PRICE IN JAPANESE YEN — JUNE 1, 2023
💱 XAU/JPY · Thursday, June 1, 2023
On Thursday, June 1, 2023, the gold spot price was C$2,683.35 per troy ounce in Canadian Dollars, equivalent to ¥279,873.40 JPY per ounce or ¥8,998.13 JPY per gram. Gold rose +0.47% 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 — JUNE 1, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,683.35 | C$86.27 | C$86,271.58 |
| JPY | ¥279,873.40 | ¥8,998.13 | ¥8,998,125.88 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,663.28 | ¥277,780.10 |
| High | C$2,690.14 | ¥280,581.60 |
| Low | C$2,651.20 | ¥276,520.16 |
| Close | C$2,683.35 | ¥279,873.40 |