GOLD PRICE IN JAPANESE YEN — FEBRUARY 8, 2012
💱 XAU/JPY · Wednesday, February 8, 2012
On Wednesday, February 8, 2012, the gold spot price was C$1,720.76 per troy ounce in Canadian Dollars, equivalent to ¥179,475.27 JPY per ounce or ¥5,770.26 JPY per gram. Gold fell -1.09% 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, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,720.76 | C$55.32 | C$55,323.64 |
| JPY | ¥179,475.27 | ¥5,770.26 | ¥5,770,255.50 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,735.38 | ¥181,000.13 |
| High | C$1,742.85 | ¥181,779.25 |
| Low | C$1,719.66 | ¥179,360.54 |
| Close | C$1,720.76 | ¥179,475.27 |