GOLD PRICE IN JAPANESE YEN — JANUARY 7, 2021
💱 XAU/JPY · Thursday, January 7, 2021
On Thursday, January 7, 2021, the gold spot price was C$2,422.00 per troy ounce in Canadian Dollars, equivalent to ¥252,614.60 JPY per ounce or ¥8,121.74 JPY per gram. Gold rose +0.21% 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 7, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,422.00 | C$77.87 | C$77,869.00 |
| JPY | ¥252,614.60 | ¥8,121.74 | ¥8,121,736.22 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,435.05 | ¥253,975.72 |
| High | C$2,440.24 | ¥254,517.03 |
| Low | C$2,421.62 | ¥252,574.97 |
| Close | C$2,422.00 | ¥252,614.60 |