GOLD PRICE IN JAPANESE YEN — JANUARY 24, 2017
💱 XAU/JPY · Tuesday, January 24, 2017
On Tuesday, January 24, 2017, the gold spot price was C$1,602.16 per troy ounce in Canadian Dollars, equivalent to ¥167,105.29 JPY per ounce or ¥5,372.56 JPY per gram. Gold fell -0.88% 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 24, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,602.16 | C$51.51 | C$51,510.57 |
| JPY | ¥167,105.29 | ¥5,372.56 | ¥5,372,551.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,613.68 | ¥168,306.82 |
| High | C$1,613.68 | ¥168,306.82 |
| Low | C$1,598.72 | ¥166,746.50 |
| Close | C$1,602.16 | ¥167,105.29 |