GOLD PRICE IN JAPANESE YEN — JANUARY 20, 2017
💱 XAU/JPY · Friday, January 20, 2017
On Friday, January 20, 2017, the gold spot price was C$1,604.31 per troy ounce in Canadian Dollars, equivalent to ¥167,329.53 JPY per ounce or ¥5,379.77 JPY per gram. Gold rose +0.71% 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 20, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,604.31 | C$51.58 | C$51,579.69 |
| JPY | ¥167,329.53 | ¥5,379.77 | ¥5,379,761.62 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,602.31 | ¥167,120.93 |
| High | C$1,614.70 | ¥168,413.21 |
| Low | C$1,602.31 | ¥167,120.93 |
| Close | C$1,604.31 | ¥167,329.53 |