GOLD PRICE IN JAPANESE YEN — JANUARY 15, 2020
💱 XAU/JPY · Wednesday, January 15, 2020
On Wednesday, January 15, 2020, the gold spot price was C$2,027.90 per troy ounce in Canadian Dollars, equivalent to ¥211,509.97 JPY per ounce or ¥6,800.20 JPY per gram. Gold rose +0.71% 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 15, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,027.90 | C$65.20 | C$65,198.40 |
| JPY | ¥211,509.97 | ¥6,800.20 | ¥6,800,193.59 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,022.54 | ¥210,950.92 |
| High | C$2,030.25 | ¥211,755.07 |
| Low | C$2,019.40 | ¥210,623.42 |
| Close | C$2,027.90 | ¥211,509.97 |