GOLD PRICE IN JAPANESE YEN — JANUARY 3, 2020
💱 XAU/JPY · Friday, January 3, 2020
On Friday, January 3, 2020, the gold spot price was C$2,011.33 per troy ounce in Canadian Dollars, equivalent to ¥209,781.72 JPY per ounce or ¥6,744.63 JPY per gram. Gold rose +1.70% 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 3, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,011.33 | C$64.67 | C$64,665.67 |
| JPY | ¥209,781.72 | ¥6,744.63 | ¥6,744,629.11 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,986.53 | ¥207,195.08 |
| High | C$2,015.87 | ¥210,255.24 |
| Low | C$1,986.53 | ¥207,195.08 |
| Close | C$2,011.33 | ¥209,781.72 |