GOLD PRICE IN JAPANESE YEN — JANUARY 29, 2016
💱 XAU/JPY · Friday, January 29, 2016
On Friday, January 29, 2016, the gold spot price was C$1,566.79 per troy ounce in Canadian Dollars, equivalent to ¥163,416.20 JPY per ounce or ¥5,253.95 JPY per gram. Gold fell -0.36% 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 29, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,566.79 | C$50.37 | C$50,373.40 |
| JPY | ¥163,416.20 | ¥5,253.95 | ¥5,253,945.12 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,563.98 | ¥163,123.11 |
| High | C$1,569.88 | ¥163,738.48 |
| Low | C$1,556.12 | ¥162,303.32 |
| Close | C$1,566.79 | ¥163,416.20 |