GOLD PRICE IN JAPANESE YEN — JANUARY 17, 2024
💱 XAU/JPY · Wednesday, January 17, 2024
On Wednesday, January 17, 2024, the gold spot price was C$2,701.51 per troy ounce in Canadian Dollars, equivalent to ¥281,767.49 JPY per ounce or ¥9,059.03 JPY per gram. Gold fell -0.76% 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 17, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,701.51 | C$86.86 | C$86,855.44 |
| JPY | ¥281,767.49 | ¥9,059.03 | ¥9,059,022.14 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,733.75 | ¥285,130.13 |
| High | C$2,733.75 | ¥285,130.13 |
| Low | C$2,701.51 | ¥281,767.49 |
| Close | C$2,701.51 | ¥281,767.49 |