GOLD PRICE IN JAPANESE YEN — JANUARY 16, 2018
💱 XAU/JPY · Tuesday, January 16, 2018
On Tuesday, January 16, 2018, the gold spot price was C$1,659.17 per troy ounce in Canadian Dollars, equivalent to ¥173,051.43 JPY per ounce or ¥5,563.73 JPY per gram. Gold fell -0.61% 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 16, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,659.17 | C$53.34 | C$53,343.48 |
| JPY | ¥173,051.43 | ¥5,563.73 | ¥5,563,724.64 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,653.83 | ¥172,494.47 |
| High | C$1,659.17 | ¥173,051.43 |
| Low | C$1,653.70 | ¥172,480.91 |
| Close | C$1,659.17 | ¥173,051.43 |