GOLD PRICE IN JAPANESE YEN — JANUARY 21, 2016
💱 XAU/JPY · Thursday, January 21, 2016
On Thursday, January 21, 2016, the gold spot price was C$1,590.95 per troy ounce in Canadian Dollars, equivalent to ¥165,936.09 JPY per ounce or ¥5,334.97 JPY per gram. Gold fell -1.32% 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 21, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,590.95 | C$51.15 | C$51,150.16 |
| JPY | ¥165,936.09 | ¥5,334.97 | ¥5,334,961.29 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,597.46 | ¥166,615.08 |
| High | C$1,597.46 | ¥166,615.08 |
| Low | C$1,583.71 | ¥165,180.95 |
| Close | C$1,590.95 | ¥165,936.09 |