GOLD PRICE IN JAPANESE YEN — JANUARY 4, 2024
💱 XAU/JPY · Thursday, January 4, 2024
On Thursday, January 4, 2024, the gold spot price was C$2,726.00 per troy ounce in Canadian Dollars, equivalent to ¥284,321.80 JPY per ounce or ¥9,141.15 JPY per gram. Gold rose +0.59% 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 4, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,726.00 | C$87.64 | C$87,642.81 |
| JPY | ¥284,321.80 | ¥9,141.15 | ¥9,141,144.90 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,725.07 | ¥284,224.80 |
| High | C$2,728.94 | ¥284,628.44 |
| Low | C$2,720.26 | ¥283,723.12 |
| Close | C$2,726.00 | ¥284,321.80 |