GOLD PRICE IN JAPANESE YEN — JANUARY 7, 2022
💱 XAU/JPY · Friday, January 7, 2022
On Friday, January 7, 2022, the gold spot price was C$2,287.62 per troy ounce in Canadian Dollars, equivalent to ¥238,598.77 JPY per ounce or ¥7,671.12 JPY per gram. Gold rose +0.23% 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, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,287.62 | C$73.55 | C$73,548.58 |
| JPY | ¥238,598.77 | ¥7,671.12 | ¥7,671,117.35 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,281.00 | ¥237,908.30 |
| High | C$2,287.62 | ¥238,598.77 |
| Low | C$2,271.58 | ¥236,925.79 |
| Close | C$2,287.62 | ¥238,598.77 |