GOLD PRICE IN JAPANESE YEN — FEBRUARY 6, 2020
💱 XAU/JPY · Thursday, February 6, 2020
On Thursday, February 6, 2020, the gold spot price was C$2,079.13 per troy ounce in Canadian Dollars, equivalent to ¥216,853.26 JPY per ounce or ¥6,971.99 JPY per gram. Gold rose +0.48% 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 6, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,079.13 | C$66.85 | C$66,845.48 |
| JPY | ¥216,853.26 | ¥6,971.99 | ¥6,971,984.07 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,063.85 | ¥215,259.56 |
| High | C$2,079.79 | ¥216,922.10 |
| Low | C$2,061.19 | ¥214,982.12 |
| Close | C$2,079.13 | ¥216,853.26 |