GOLD PRICE IN JAPANESE YEN — FEBRUARY 7, 2018
💱 XAU/JPY · Wednesday, February 7, 2018
On Wednesday, February 7, 2018, the gold spot price was C$1,640.06 per troy ounce in Canadian Dollars, equivalent to ¥171,058.26 JPY per ounce or ¥5,499.65 JPY per gram. Gold fell -1.34% 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, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,640.06 | C$52.73 | C$52,729.08 |
| JPY | ¥171,058.26 | ¥5,499.65 | ¥5,499,642.74 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,657.32 | ¥172,858.48 |
| High | C$1,664.45 | ¥173,602.14 |
| Low | C$1,638.69 | ¥170,915.37 |
| Close | C$1,640.06 | ¥171,058.26 |