GOLD PRICE IN JAPANESE YEN — JANUARY 16, 2015
💱 XAU/JPY · Friday, January 16, 2015
On Friday, January 16, 2015, the gold spot price was C$1,526.92 per troy ounce in Canadian Dollars, equivalent to ¥159,257.76 JPY per ounce or ¥5,120.25 JPY per gram. Gold rose +1.06% 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, 2015
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,526.92 | C$49.09 | C$49,091.55 |
| JPY | ¥159,257.76 | ¥5,120.25 | ¥5,120,248.34 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,502.04 | ¥156,662.77 |
| High | C$1,530.27 | ¥159,607.16 |
| Low | C$1,502.04 | ¥156,662.77 |
| Close | C$1,526.92 | ¥159,257.76 |