GOLD PRICE IN JAPANESE YEN — FEBRUARY 5, 2020
💱 XAU/JPY · Wednesday, February 5, 2020
On Wednesday, February 5, 2020, the gold spot price was C$2,069.13 per troy ounce in Canadian Dollars, equivalent to ¥215,810.26 JPY per ounce or ¥6,938.46 JPY per gram. Gold rose +0.39% 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 5, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,069.13 | C$66.52 | C$66,523.98 |
| JPY | ¥215,810.26 | ¥6,938.46 | ¥6,938,450.89 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,063.02 | ¥215,172.99 |
| High | C$2,072.98 | ¥216,211.81 |
| Low | C$2,055.72 | ¥214,411.60 |
| Close | C$2,069.13 | ¥215,810.26 |