GOLD PRICE IN JAPANESE YEN — JANUARY 29, 2020
💱 XAU/JPY · Wednesday, January 29, 2020
On Wednesday, January 29, 2020, the gold spot price was C$2,066.48 per troy ounce in Canadian Dollars, equivalent to ¥215,533.86 JPY per ounce or ¥6,929.57 JPY per gram. Gold fell -0.14% 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 29, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,066.48 | C$66.44 | C$66,438.78 |
| JPY | ¥215,533.86 | ¥6,929.57 | ¥6,929,564.60 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,066.48 | ¥215,533.86 |
| High | C$2,066.48 | ¥215,533.86 |
| Low | C$2,066.48 | ¥215,533.86 |
| Close | C$2,066.48 | ¥215,533.86 |