GOLD PRICE IN JAPANESE YEN — JANUARY 4, 2016
💱 XAU/JPY · Monday, January 4, 2016
On Monday, January 4, 2016, the gold spot price was C$1,490.57 per troy ounce in Canadian Dollars, equivalent to ¥155,466.45 JPY per ounce or ¥4,998.36 JPY per gram. Gold rose +1.34% 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 4, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,490.57 | C$47.92 | C$47,922.87 |
| JPY | ¥155,466.45 | ¥4,998.36 | ¥4,998,355.23 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,474.35 | ¥153,774.71 |
| High | C$1,500.83 | ¥156,536.57 |
| Low | C$1,474.07 | ¥153,745.50 |
| Close | C$1,490.57 | ¥155,466.45 |