GOLD PRICE IN JAPANESE YEN — JANUARY 7, 2020
💱 XAU/JPY · Tuesday, January 7, 2020
On Tuesday, January 7, 2020, the gold spot price was C$2,037.67 per troy ounce in Canadian Dollars, equivalent to ¥212,528.98 JPY per ounce or ¥6,832.96 JPY per gram. Gold rose +0.18% 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 7, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,037.67 | C$65.51 | C$65,512.52 |
| JPY | ¥212,528.98 | ¥6,832.96 | ¥6,832,955.51 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,020.16 | ¥210,702.69 |
| High | C$2,043.50 | ¥213,137.05 |
| Low | C$2,020.16 | ¥210,702.69 |
| Close | C$2,037.67 | ¥212,528.98 |