GOLD PRICE IN JAPANESE YEN — MAY 23, 2025

On Friday, May 23, 2025, the gold spot price was C$4,661.28 per troy ounce in Canadian Dollars, equivalent to ¥486,171.50 JPY per ounce or ¥15,630.77 JPY per gram. Gold rose +2.15% 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.