GOLD PRICE IN JAPANESE YEN — JULY 5, 2023
💱 XAU/JPY · Wednesday, July 5, 2023
On Wednesday, July 5, 2023, the gold spot price was C$2,538.38 per troy ounce in Canadian Dollars, equivalent to ¥264,753.03 JPY per ounce or ¥8,512.00 JPY per gram. Gold fell -0.31% 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 — JULY 5, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,538.38 | C$81.61 | C$81,610.69 |
| JPY | ¥264,753.03 | ¥8,512.00 | ¥8,511,995.37 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,543.54 | ¥265,291.22 |
| High | C$2,557.29 | ¥266,725.35 |
| Low | C$2,531.90 | ¥264,077.17 |
| Close | C$2,538.38 | ¥264,753.03 |