GOLD PRICE IN JAPANESE YEN — JANUARY 9, 2017
💱 XAU/JPY · Monday, January 9, 2017
On Monday, January 9, 2017, the gold spot price was C$1,567.17 per troy ounce in Canadian Dollars, equivalent to ¥163,455.83 JPY per ounce or ¥5,255.22 JPY per gram. Gold rose +1.08% 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 9, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,567.17 | C$50.39 | C$50,385.61 |
| JPY | ¥163,455.83 | ¥5,255.22 | ¥5,255,219.39 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,554.45 | ¥162,129.14 |
| High | C$1,567.30 | ¥163,469.39 |
| Low | C$1,553.26 | ¥162,005.02 |
| Close | C$1,567.17 | ¥163,455.83 |