GOLD PRICE IN JAPANESE YEN — JANUARY 24, 2012
💱 XAU/JPY · Tuesday, January 24, 2012
On Tuesday, January 24, 2012, the gold spot price was C$1,676.50 per troy ounce in Canadian Dollars, equivalent to ¥174,858.95 JPY per ounce or ¥5,621.84 JPY per gram. Gold fell -1.57% 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 24, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,676.50 | C$53.90 | C$53,900.65 |
| JPY | ¥174,858.95 | ¥5,621.84 | ¥5,621,837.64 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,679.22 | ¥175,142.65 |
| High | C$1,680.53 | ¥175,279.28 |
| Low | C$1,676.50 | ¥174,858.95 |
| Close | C$1,676.50 | ¥174,858.95 |