GOLD PRICE IN JAPANESE YEN — JANUARY 2, 2024
💱 XAU/JPY · Tuesday, January 2, 2024
On Tuesday, January 2, 2024, the gold spot price was C$2,733.68 per troy ounce in Canadian Dollars, equivalent to ¥285,122.82 JPY per ounce or ¥9,166.90 JPY per gram. Gold rose +0.19% 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 2, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,733.68 | C$87.89 | C$87,889.73 |
| JPY | ¥285,122.82 | ¥9,166.90 | ¥9,166,898.38 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,732.49 | ¥284,998.71 |
| High | C$2,745.99 | ¥286,406.76 |
| Low | C$2,724.01 | ¥284,114.24 |
| Close | C$2,733.68 | ¥285,122.82 |