GOLD PRICE IN JAPANESE YEN — JANUARY 11, 2017
💱 XAU/JPY · Wednesday, January 11, 2017
On Wednesday, January 11, 2017, the gold spot price was C$1,583.45 per troy ounce in Canadian Dollars, equivalent to ¥165,153.84 JPY per ounce or ¥5,309.82 JPY per gram. Gold rose +1.19% 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 11, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,583.45 | C$50.91 | C$50,909.03 |
| JPY | ¥165,153.84 | ¥5,309.82 | ¥5,309,811.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,572.72 | ¥164,034.70 |
| High | C$1,585.31 | ¥165,347.83 |
| Low | C$1,558.16 | ¥162,516.09 |
| Close | C$1,583.45 | ¥165,153.84 |