GOLD PRICE IN JAPANESE YEN — JANUARY 19, 2016
💱 XAU/JPY · Tuesday, January 19, 2016
On Tuesday, January 19, 2016, the gold spot price was C$1,585.21 per troy ounce in Canadian Dollars, equivalent to ¥165,337.40 JPY per ounce or ¥5,315.72 JPY per gram. Gold rose +1.25% 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 19, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,585.21 | C$50.97 | C$50,965.61 |
| JPY | ¥165,337.40 | ¥5,315.72 | ¥5,315,713.24 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,585.06 | ¥165,321.76 |
| High | C$1,591.75 | ¥166,019.53 |
| Low | C$1,577.93 | ¥164,578.10 |
| Close | C$1,585.21 | ¥165,337.40 |