GOLD PRICE IN JAPANESE YEN — JANUARY 16, 2003
💱 XAU/JPY · Thursday, January 16, 2003
On Thursday, January 16, 2003, the gold spot price was C$482.90 per troy ounce in Canadian Dollars, equivalent to ¥50,366.47 JPY per ounce or ¥1,619.32 JPY per gram. Gold rose +2.00% 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 — JANUARY 16, 2003
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$482.90 | C$15.53 | C$15,525.57 |
| JPY | ¥50,366.47 | ¥1,619.32 | ¥1,619,317.27 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$482.90 | ¥50,366.47 |
| High | C$482.90 | ¥50,366.47 |
| Low | C$482.90 | ¥50,366.47 |
| Close | C$482.90 | ¥50,366.47 |