GOLD PRICE IN JAPANESE YEN — FEBRUARY 7, 2011
💱 XAU/JPY · Monday, February 7, 2011
On Monday, February 7, 2011, the gold spot price was C$1,330.75 per troy ounce in Canadian Dollars, equivalent to ¥138,797.23 JPY per ounce or ¥4,462.43 JPY per gram. Gold fell -0.39% 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 — FEBRUARY 7, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,330.75 | C$42.78 | C$42,784.54 |
| JPY | ¥138,797.23 | ¥4,462.43 | ¥4,462,427.94 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,328.98 | ¥138,612.61 |
| High | C$1,336.88 | ¥139,436.58 |
| Low | C$1,327.00 | ¥138,406.10 |
| Close | C$1,330.75 | ¥138,797.23 |