GOLD PRICE IN JAPANESE YEN — FEBRUARY 3, 2020
💱 XAU/JPY · Monday, February 3, 2020
On Monday, February 3, 2020, the gold spot price was C$2,088.28 per troy ounce in Canadian Dollars, equivalent to ¥217,807.60 JPY per ounce or ¥7,002.67 JPY per gram. Gold fell -0.14% 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 3, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,088.28 | C$67.14 | C$67,139.66 |
| JPY | ¥217,807.60 | ¥7,002.67 | ¥7,002,666.93 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,109.06 | ¥219,974.96 |
| High | C$2,109.59 | ¥220,030.24 |
| Low | C$2,076.36 | ¥216,564.35 |
| Close | C$2,088.28 | ¥217,807.60 |