GOLD PRICE IN JAPANESE YEN — JANUARY 31, 2019
💱 XAU/JPY · Thursday, January 31, 2019
On Thursday, January 31, 2019, the gold spot price was C$1,734.22 per troy ounce in Canadian Dollars, equivalent to ¥180,879.15 JPY per ounce or ¥5,815.40 JPY per gram. Gold fell -0.24% 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 31, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,734.22 | C$55.76 | C$55,756.39 |
| JPY | ¥180,879.15 | ¥5,815.40 | ¥5,815,391.16 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,734.61 | ¥180,919.82 |
| High | C$1,741.71 | ¥181,660.35 |
| Low | C$1,730.28 | ¥180,468.20 |
| Close | C$1,734.22 | ¥180,879.15 |