GOLD PRICE IN JAPANESE YEN — FEBRUARY 1, 2019
💱 XAU/JPY · Friday, February 1, 2019
On Friday, February 1, 2019, the gold spot price was C$1,728.55 per troy ounce in Canadian Dollars, equivalent to ¥180,287.76 JPY per ounce or ¥5,796.38 JPY per gram. Gold fell -0.33% 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 1, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,728.55 | C$55.57 | C$55,574.09 |
| JPY | ¥180,287.76 | ¥5,796.38 | ¥5,796,377.85 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,733.01 | ¥180,752.94 |
| High | C$1,733.54 | ¥180,808.22 |
| Low | C$1,726.58 | ¥180,082.29 |
| Close | C$1,728.55 | ¥180,287.76 |