GOLD PRICE IN JAPANESE YEN — FEBRUARY 7, 2019
💱 XAU/JPY · Thursday, February 7, 2019
On Thursday, February 7, 2019, the gold spot price was C$1,730.11 per troy ounce in Canadian Dollars, equivalent to ¥180,450.47 JPY per ounce or ¥5,801.61 JPY per gram. Gold rose +0.67% 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, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,730.11 | C$55.62 | C$55,624.25 |
| JPY | ¥180,450.47 | ¥5,801.61 | ¥5,801,609.02 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,721.52 | ¥179,554.54 |
| High | C$1,731.43 | ¥180,588.15 |
| Low | C$1,720.60 | ¥179,458.58 |
| Close | C$1,730.11 | ¥180,450.47 |