GOLD PRICE IN JAPANESE YEN — JANUARY 8, 2020
💱 XAU/JPY · Wednesday, January 8, 2020
On Wednesday, January 8, 2020, the gold spot price was C$2,025.10 per troy ounce in Canadian Dollars, equivalent to ¥211,217.93 JPY per ounce or ¥6,790.81 JPY per gram. Gold fell -0.62% 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 8, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,025.10 | C$65.11 | C$65,108.38 |
| JPY | ¥211,217.93 | ¥6,790.81 | ¥6,790,804.30 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,054.10 | ¥214,242.63 |
| High | C$2,085.96 | ¥217,565.63 |
| Low | C$2,018.47 | ¥210,526.42 |
| Close | C$2,025.10 | ¥211,217.93 |