GOLD PRICE IN JAPANESE YEN — JANUARY 23, 2018
💱 XAU/JPY · Tuesday, January 23, 2018
On Tuesday, January 23, 2018, the gold spot price was C$1,663.21 per troy ounce in Canadian Dollars, equivalent to ¥173,472.80 JPY per ounce or ¥5,577.28 JPY per gram. Gold rose +0.09% 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, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,663.21 | C$53.47 | C$53,473.37 |
| JPY | ¥173,472.80 | ¥5,577.28 | ¥5,577,272.05 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,663.34 | ¥173,486.36 |
| High | C$1,663.46 | ¥173,498.88 |
| Low | C$1,663.21 | ¥173,472.80 |
| Close | C$1,663.21 | ¥173,472.80 |