GOLD PRICE IN JAPANESE YEN — JANUARY 12, 2024
💱 XAU/JPY · Friday, January 12, 2024
On Friday, January 12, 2024, the gold spot price was C$2,738.46 per troy ounce in Canadian Dollars, equivalent to ¥285,621.38 JPY per ounce or ¥9,182.93 JPY per gram. Gold rose +1.62% 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 12, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,738.46 | C$88.04 | C$88,043.41 |
| JPY | ¥285,621.38 | ¥9,182.93 | ¥9,182,927.24 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,717.59 | ¥283,444.64 |
| High | C$2,752.25 | ¥287,059.68 |
| Low | C$2,717.59 | ¥283,444.64 |
| Close | C$2,738.46 | ¥285,621.38 |