GOLD PRICE IN JAPANESE YEN — JANUARY 16, 2014
💱 XAU/JPY · Thursday, January 16, 2014
On Thursday, January 16, 2014, the gold spot price was C$1,357.58 per troy ounce in Canadian Dollars, equivalent to ¥141,595.59 JPY per ounce or ¥4,552.40 JPY per gram. Gold rose +0.16% 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, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,357.58 | C$43.65 | C$43,647.15 |
| JPY | ¥141,595.59 | ¥4,552.40 | ¥4,552,397.46 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,356.81 | ¥141,515.28 |
| High | C$1,360.64 | ¥141,914.75 |
| Low | C$1,356.48 | ¥141,480.86 |
| Close | C$1,357.58 | ¥141,595.59 |