GOLD PRICE IN JAPANESE YEN — JANUARY 4, 2017
💱 XAU/JPY · Wednesday, January 4, 2017
On Wednesday, January 4, 2017, the gold spot price was C$1,562.03 per troy ounce in Canadian Dollars, equivalent to ¥162,919.73 JPY per ounce or ¥5,237.99 JPY per gram. Gold rose +0.15% 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 4, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,562.03 | C$50.22 | C$50,220.36 |
| JPY | ¥162,919.73 | ¥5,237.99 | ¥5,237,983.33 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,551.96 | ¥161,869.43 |
| High | C$1,563.64 | ¥163,087.65 |
| Low | C$1,551.96 | ¥161,869.43 |
| Close | C$1,562.03 | ¥162,919.73 |