GOLD PRICE IN JAPANESE YEN — JANUARY 5, 2016
💱 XAU/JPY · Tuesday, January 5, 2016
On Tuesday, January 5, 2016, the gold spot price was C$1,502.67 per troy ounce in Canadian Dollars, equivalent to ¥156,728.48 JPY per ounce or ¥5,038.93 JPY per gram. Gold rose +0.81% 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 5, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,502.67 | C$48.31 | C$48,311.89 |
| JPY | ¥156,728.48 | ¥5,038.93 | ¥5,038,930.37 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,498.77 | ¥156,321.71 |
| High | C$1,506.99 | ¥157,179.06 |
| Low | C$1,498.36 | ¥156,278.95 |
| Close | C$1,502.67 | ¥156,728.48 |