GOLD PRICE IN JAPANESE YEN — JANUARY 3, 2017
💱 XAU/JPY · Tuesday, January 3, 2017
On Tuesday, January 3, 2017, the gold spot price was C$1,559.74 per troy ounce in Canadian Dollars, equivalent to ¥162,680.88 JPY per ounce or ¥5,230.31 JPY per gram. Gold rose +0.63% 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 3, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,559.74 | C$50.15 | C$50,146.73 |
| JPY | ¥162,680.88 | ¥5,230.31 | ¥5,230,304.23 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,552.75 | ¥161,951.82 |
| High | C$1,560.28 | ¥162,737.20 |
| Low | C$1,541.06 | ¥160,732.56 |
| Close | C$1,559.74 | ¥162,680.88 |