GOLD PRICE IN JAPANESE YEN — JANUARY 19, 2024
💱 XAU/JPY · Friday, January 19, 2024
On Friday, January 19, 2024, the gold spot price was C$2,732.98 per troy ounce in Canadian Dollars, equivalent to ¥285,049.81 JPY per ounce or ¥9,164.56 JPY per gram. Gold rose +0.27% 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 19, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,732.98 | C$87.87 | C$87,867.22 |
| JPY | ¥285,049.81 | ¥9,164.56 | ¥9,164,551.05 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,728.53 | ¥284,585.68 |
| High | C$2,745.79 | ¥286,385.90 |
| Low | C$2,723.54 | ¥284,065.22 |
| Close | C$2,732.98 | ¥285,049.81 |