GOLD PRICE IN JAPANESE YEN — JANUARY 27, 2020
💱 XAU/JPY · Monday, January 27, 2020
On Monday, January 27, 2020, the gold spot price was C$2,074.91 per troy ounce in Canadian Dollars, equivalent to ¥216,413.11 JPY per ounce or ¥6,957.84 JPY per gram. Gold rose +0.61% 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 27, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,074.91 | C$66.71 | C$66,709.81 |
| JPY | ¥216,413.11 | ¥6,957.84 | ¥6,957,833.07 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,084.78 | ¥217,442.55 |
| High | C$2,085.04 | ¥217,469.67 |
| Low | C$2,074.91 | ¥216,413.11 |
| Close | C$2,074.91 | ¥216,413.11 |