GOLD PRICE IN JAPANESE YEN — JANUARY 2, 2018
💱 XAU/JPY · Tuesday, January 2, 2018
On Tuesday, January 2, 2018, the gold spot price was C$1,649.35 per troy ounce in Canadian Dollars, equivalent to ¥172,027.21 JPY per ounce or ¥5,530.80 JPY per gram. Gold rose +0.48% 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 2, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,649.35 | C$53.03 | C$53,027.76 |
| JPY | ¥172,027.21 | ¥5,530.80 | ¥5,530,795.06 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,635.04 | ¥170,534.67 |
| High | C$1,654.25 | ¥172,538.28 |
| Low | C$1,635.04 | ¥170,534.67 |
| Close | C$1,649.35 | ¥172,027.21 |