GOLD PRICE IN JAPANESE YEN — JANUARY 23, 2026

On Friday, January 23, 2026, the gold spot price was C$6,859.24 per troy ounce in Canadian Dollars, equivalent to ¥715,418.73 JPY per ounce or ¥23,001.23 JPY per gram. Gold rose +0.94% 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.