GOLD PRICE IN JAPANESE YEN — JANUARY 6, 2020
💱 XAU/JPY · Monday, January 6, 2020
On Monday, January 6, 2020, the gold spot price was C$2,033.96 per troy ounce in Canadian Dollars, equivalent to ¥212,142.03 JPY per ounce or ¥6,820.52 JPY per gram. Gold rose +1.13% 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 6, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,033.96 | C$65.39 | C$65,393.24 |
| JPY | ¥212,142.03 | ¥6,820.52 | ¥6,820,514.70 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,051.88 | ¥214,011.08 |
| High | C$2,051.88 | ¥214,011.08 |
| Low | C$2,026.43 | ¥211,356.65 |
| Close | C$2,033.96 | ¥212,142.03 |