GOLD PRICE IN JAPANESE YEN — FEBRUARY 8, 2018
💱 XAU/JPY · Thursday, February 8, 2018
On Thursday, February 8, 2018, the gold spot price was C$1,654.68 per troy ounce in Canadian Dollars, equivalent to ¥172,583.12 JPY per ounce or ¥5,548.67 JPY per gram. Gold rose +0.89% 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, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,654.68 | C$53.20 | C$53,199.12 |
| JPY | ¥172,583.12 | ¥5,548.67 | ¥5,548,668.24 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,654.94 | ¥172,610.24 |
| High | C$1,659.96 | ¥173,133.83 |
| Low | C$1,642.25 | ¥171,286.68 |
| Close | C$1,654.68 | ¥172,583.12 |