GOLD PRICE IN JAPANESE YEN — JANUARY 23, 2017
💱 XAU/JPY · Monday, January 23, 2017
On Monday, January 23, 2017, the gold spot price was C$1,616.41 per troy ounce in Canadian Dollars, equivalent to ¥168,591.56 JPY per ounce or ¥5,420.34 JPY per gram. Gold rose +0.75% 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 23, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,616.41 | C$51.97 | C$51,968.71 |
| JPY | ¥168,591.56 | ¥5,420.34 | ¥5,420,336.76 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,612.42 | ¥168,175.41 |
| High | C$1,616.41 | ¥168,591.56 |
| Low | C$1,609.76 | ¥167,897.97 |
| Close | C$1,616.41 | ¥168,591.56 |