GOLD PRICE IN JAPANESE YEN — JANUARY 31, 2020
💱 XAU/JPY · Friday, January 31, 2020
On Friday, January 31, 2020, the gold spot price was C$2,091.22 per troy ounce in Canadian Dollars, equivalent to ¥218,114.25 JPY per ounce or ¥7,012.53 JPY per gram. Gold rose +0.07% 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 31, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,091.22 | C$67.23 | C$67,234.19 |
| JPY | ¥218,114.25 | ¥7,012.53 | ¥7,012,525.69 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,078.67 | ¥216,805.28 |
| High | C$2,099.28 | ¥218,954.90 |
| Low | C$2,074.17 | ¥216,335.93 |
| Close | C$2,091.22 | ¥218,114.25 |