GOLD PRICE IN JAPANESE YEN — FEBRUARY 8, 2019
💱 XAU/JPY · Friday, February 8, 2019
On Friday, February 8, 2019, the gold spot price was C$1,748.65 per troy ounce in Canadian Dollars, equivalent to ¥182,384.20 JPY per ounce or ¥5,863.78 JPY per gram. Gold rose +1.07% 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, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,748.65 | C$56.22 | C$56,220.32 |
| JPY | ¥182,384.20 | ¥5,863.78 | ¥5,863,779.54 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,743.06 | ¥181,801.16 |
| High | C$1,749.05 | ¥182,425.91 |
| Low | C$1,740.80 | ¥181,565.44 |
| Close | C$1,748.65 | ¥182,384.20 |