GOLD PRICE IN JAPANESE YEN — JANUARY 2, 2020
💱 XAU/JPY · Thursday, January 2, 2020
On Thursday, January 2, 2020, the gold spot price was C$1,977.73 per troy ounce in Canadian Dollars, equivalent to ¥206,277.24 JPY per ounce or ¥6,631.96 JPY per gram. Gold fell -0.34% 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, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,977.73 | C$63.59 | C$63,585.40 |
| JPY | ¥206,277.24 | ¥6,631.96 | ¥6,631,957.63 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,969.43 | ¥205,411.55 |
| High | C$1,983.18 | ¥206,845.67 |
| Low | C$1,969.30 | ¥205,397.99 |
| Close | C$1,977.73 | ¥206,277.24 |