GOLD PRICE IN JAPANESE YEN — JANUARY 12, 2017
💱 XAU/JPY · Thursday, January 12, 2017
On Thursday, January 12, 2017, the gold spot price was C$1,578.14 per troy ounce in Canadian Dollars, equivalent to ¥164,600.00 JPY per ounce or ¥5,292.01 JPY per gram. Gold fell -0.34% 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 12, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,578.14 | C$50.74 | C$50,738.31 |
| JPY | ¥164,600.00 | ¥5,292.01 | ¥5,292,005.28 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,569.97 | ¥163,747.87 |
| High | C$1,585.24 | ¥165,340.53 |
| Low | C$1,569.45 | ¥163,693.64 |
| Close | C$1,578.14 | ¥164,600.00 |