GOLD PRICE IN JAPANESE YEN — JANUARY 28, 2020
💱 XAU/JPY · Tuesday, January 28, 2020
On Tuesday, January 28, 2020, the gold spot price was C$2,069.41 per troy ounce in Canadian Dollars, equivalent to ¥215,839.46 JPY per ounce or ¥6,939.39 JPY per gram. Gold fell -0.27% 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 28, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,069.41 | C$66.53 | C$66,532.98 |
| JPY | ¥215,839.46 | ¥6,939.39 | ¥6,939,389.82 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,078.91 | ¥216,830.31 |
| High | C$2,078.91 | ¥216,830.31 |
| Low | C$2,069.41 | ¥215,839.46 |
| Close | C$2,069.41 | ¥215,839.46 |