GOLD PRICE IN JAPANESE YEN — JANUARY 16, 2019
💱 XAU/JPY · Wednesday, January 16, 2019
On Wednesday, January 16, 2019, the gold spot price was C$1,712.61 per troy ounce in Canadian Dollars, equivalent to ¥178,625.22 JPY per ounce or ¥5,742.93 JPY per gram. Gold rose +0.30% 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, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,712.61 | C$55.06 | C$55,061.61 |
| JPY | ¥178,625.22 | ¥5,742.93 | ¥5,742,925.96 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,712.61 | ¥178,625.22 |
| High | C$1,712.61 | ¥178,625.22 |
| Low | C$1,712.61 | ¥178,625.22 |
| Close | C$1,712.61 | ¥178,625.22 |