GOLD PRICE IN JAPANESE YEN — JANUARY 6, 2017
💱 XAU/JPY · Friday, January 6, 2017
On Friday, January 6, 2017, the gold spot price was C$1,550.35 per troy ounce in Canadian Dollars, equivalent to ¥161,701.50 JPY per ounce or ¥5,198.82 JPY per gram. Gold fell -1.18% 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 6, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,550.35 | C$49.84 | C$49,844.84 |
| JPY | ¥161,701.50 | ¥5,198.82 | ¥5,198,816.58 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,556.44 | ¥162,336.69 |
| High | C$1,556.44 | ¥162,336.69 |
| Low | C$1,550.35 | ¥161,701.50 |
| Close | C$1,550.35 | ¥161,701.50 |