GOLD PRICE IN JAPANESE YEN — JANUARY 23, 2020
💱 XAU/JPY · Thursday, January 23, 2020
On Thursday, January 23, 2020, the gold spot price was C$2,055.73 per troy ounce in Canadian Dollars, equivalent to ¥214,412.64 JPY per ounce or ¥6,893.52 JPY per gram. Gold rose +1.10% 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 23, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,055.73 | C$66.09 | C$66,093.16 |
| JPY | ¥214,412.64 | ¥6,893.52 | ¥6,893,516.43 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,040.62 | ¥212,836.67 |
| High | C$2,055.73 | ¥214,412.64 |
| Low | C$2,039.44 | ¥212,713.59 |
| Close | C$2,055.73 | ¥214,412.64 |