GOLD PRICE IN JAPANESE YEN — JANUARY 7, 2011
💱 XAU/JPY · Friday, January 7, 2011
On Friday, January 7, 2011, the gold spot price was C$1,365.08 per troy ounce in Canadian Dollars, equivalent to ¥142,377.84 JPY per ounce or ¥4,577.55 JPY per gram. Gold fell -0.11% 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 7, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,365.08 | C$43.89 | C$43,888.28 |
| JPY | ¥142,377.84 | ¥4,577.55 | ¥4,577,547.35 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,369.27 | ¥142,814.86 |
| High | C$1,373.76 | ¥143,283.17 |
| Low | C$1,352.11 | ¥141,025.07 |
| Close | C$1,365.08 | ¥142,377.84 |