GOLD PRICE IN JAPANESE YEN — JANUARY 16, 2009
💱 XAU/JPY · Friday, January 16, 2009
On Friday, January 16, 2009, the gold spot price was C$1,041.99 per troy ounce in Canadian Dollars, equivalent to ¥108,679.56 JPY per ounce or ¥3,494.13 JPY per gram. Gold rose +3.20% 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, 2009
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,041.99 | C$33.50 | C$33,500.71 |
| JPY | ¥108,679.56 | ¥3,494.13 | ¥3,494,123.83 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,035.41 | ¥107,993.26 |
| High | C$1,045.96 | ¥109,093.63 |
| Low | C$1,035.41 | ¥107,993.26 |
| Close | C$1,041.99 | ¥108,679.56 |