GOLD PRICE IN JAPANESE YEN — JANUARY 16, 2020
💱 XAU/JPY · Thursday, January 16, 2020
On Thursday, January 16, 2020, the gold spot price was C$2,019.59 per troy ounce in Canadian Dollars, equivalent to ¥210,643.24 JPY per ounce or ¥6,772.33 JPY per gram. Gold fell -0.41% 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 16, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,019.59 | C$64.93 | C$64,931.23 |
| JPY | ¥210,643.24 | ¥6,772.33 | ¥6,772,327.52 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,028.32 | ¥211,553.78 |
| High | C$2,028.84 | ¥211,608.01 |
| Low | C$2,018.93 | ¥210,574.40 |
| Close | C$2,019.59 | ¥210,643.24 |