GOLD PRICE IN JAPANESE YEN — JANUARY 5, 2017
💱 XAU/JPY · Thursday, January 5, 2017
On Thursday, January 5, 2017, the gold spot price was C$1,568.88 per troy ounce in Canadian Dollars, equivalent to ¥163,634.18 JPY per ounce or ¥5,260.96 JPY per gram. Gold rose +0.44% 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 5, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,568.88 | C$50.44 | C$50,440.59 |
| JPY | ¥163,634.18 | ¥5,260.96 | ¥5,260,953.56 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,558.64 | ¥162,566.15 |
| High | C$1,573.67 | ¥164,133.78 |
| Low | C$1,557.98 | ¥162,497.31 |
| Close | C$1,568.88 | ¥163,634.18 |