HomeHistoryJPYJune 6, 2023

GOLD PRICE IN JAPANESE YEN — JUNE 6, 2023

💱 XAU/JPY · Tuesday, June 6, 2023

¥275,685.76 JPY/oz
rose +0.53%

On Tuesday, June 6, 2023, the gold spot price was C$2,643.20 per troy ounce in Canadian Dollars, equivalent to ¥275,685.76 JPY per ounce or ¥8,863.50 JPY per gram. Gold rose +0.53% 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 6, 2023

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,643.20C$84.98C$84,980.73
JPY¥275,685.76¥8,863.50¥8,863,490.16

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,636.88¥275,026.58
HighC$2,643.20¥275,685.76
LowC$2,634.19¥274,746.02
CloseC$2,643.20¥275,685.76

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