GOLD PRICE IN JAPANESE YEN — JANUARY 29, 2021
💱 XAU/JPY · Friday, January 29, 2021
On Friday, January 29, 2021, the gold spot price was C$2,370.25 per troy ounce in Canadian Dollars, equivalent to ¥247,217.07 JPY per ounce or ¥7,948.21 JPY per gram. Gold rose +0.63% 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, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,370.25 | C$76.21 | C$76,205.20 |
| JPY | ¥247,217.07 | ¥7,948.21 | ¥7,948,202.01 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,363.45 | ¥246,507.83 |
| High | C$2,407.08 | ¥251,058.44 |
| Low | C$2,359.22 | ¥246,066.65 |
| Close | C$2,370.25 | ¥247,217.07 |