GOLD PRICE IN JAPANESE YEN — JUNE 2, 2023
💱 XAU/JPY · Friday, June 2, 2023
On Friday, June 2, 2023, the gold spot price was C$2,624.61 per troy ounce in Canadian Dollars, equivalent to ¥273,746.82 JPY per ounce or ¥8,801.16 JPY per gram. Gold fell -2.19% 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 2, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,624.61 | C$84.38 | C$84,383.05 |
| JPY | ¥273,746.82 | ¥8,801.16 | ¥8,801,151.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,657.82 | ¥277,210.63 |
| High | C$2,665.07 | ¥277,966.80 |
| Low | C$2,617.89 | ¥273,045.93 |
| Close | C$2,624.61 | ¥273,746.82 |