GOLD PRICE IN JAPANESE YEN — JANUARY 28, 2016
💱 XAU/JPY · Thursday, January 28, 2016
On Thursday, January 28, 2016, the gold spot price was C$1,572.42 per troy ounce in Canadian Dollars, equivalent to ¥164,003.41 JPY per ounce or ¥5,272.83 JPY per gram. Gold fell -0.21% 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 28, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,572.42 | C$50.55 | C$50,554.40 |
| JPY | ¥164,003.41 | ¥5,272.83 | ¥5,272,824.31 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,586.23 | ¥165,443.79 |
| High | C$1,586.65 | ¥165,487.60 |
| Low | C$1,564.24 | ¥163,150.23 |
| Close | C$1,572.42 | ¥164,003.41 |