GOLD PRICE IN JAPANESE YEN — FEBRUARY 8, 2011
💱 XAU/JPY · Tuesday, February 8, 2011
On Tuesday, February 8, 2011, the gold spot price was C$1,349.90 per troy ounce in Canadian Dollars, equivalent to ¥140,794.57 JPY per ounce or ¥4,526.65 JPY per gram. Gold rose +1.44% 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 8, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,349.90 | C$43.40 | C$43,400.23 |
| JPY | ¥140,794.57 | ¥4,526.65 | ¥4,526,643.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,337.82 | ¥139,534.63 |
| High | C$1,353.47 | ¥141,166.92 |
| Low | C$1,336.64 | ¥139,411.55 |
| Close | C$1,349.90 | ¥140,794.57 |