GOLD PRICE IN JAPANESE YEN — JANUARY 18, 2017
💱 XAU/JPY · Wednesday, January 18, 2017
On Wednesday, January 18, 2017, the gold spot price was C$1,582.16 per troy ounce in Canadian Dollars, equivalent to ¥165,019.29 JPY per ounce or ¥5,305.49 JPY per gram. Gold fell -0.92% 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 18, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,582.16 | C$50.87 | C$50,867.55 |
| JPY | ¥165,019.29 | ¥5,305.49 | ¥5,305,485.62 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,585.17 | ¥165,333.23 |
| High | C$1,586.60 | ¥165,482.38 |
| Low | C$1,571.45 | ¥163,902.24 |
| Close | C$1,582.16 | ¥165,019.29 |