GOLD PRICE IN JAPANESE YEN — FEBRUARY 28, 2019
💱 XAU/JPY · Thursday, February 28, 2019
On Thursday, February 28, 2019, the gold spot price was C$1,725.68 per troy ounce in Canadian Dollars, equivalent to ¥179,988.42 JPY per ounce or ¥5,786.76 JPY per gram. Gold fell -0.50% 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 28, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,725.68 | C$55.48 | C$55,481.82 |
| JPY | ¥179,988.42 | ¥5,786.76 | ¥5,786,753.82 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,736.59 | ¥181,126.34 |
| High | C$1,740.00 | ¥181,482.00 |
| Low | C$1,723.97 | ¥179,810.07 |
| Close | C$1,725.68 | ¥179,988.42 |