GOLD PRICE IN JAPANESE YEN — FEBRUARY 4, 2020
💱 XAU/JPY · Tuesday, February 4, 2020
On Tuesday, February 4, 2020, the gold spot price was C$2,061.10 per troy ounce in Canadian Dollars, equivalent to ¥214,972.73 JPY per ounce or ¥6,911.53 JPY per gram. Gold fell -1.30% 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 4, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,061.10 | C$66.27 | C$66,265.81 |
| JPY | ¥214,972.73 | ¥6,911.53 | ¥6,911,523.75 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,097.39 | ¥218,757.78 |
| High | C$2,097.39 | ¥218,757.78 |
| Low | C$2,057.65 | ¥214,612.90 |
| Close | C$2,061.10 | ¥214,972.73 |