GOLD PRICE IN JAPANESE YEN — FEBRUARY 7, 2020
💱 XAU/JPY · Friday, February 7, 2020
On Friday, February 7, 2020, the gold spot price was C$2,083.73 per troy ounce in Canadian Dollars, equivalent to ¥217,333.04 JPY per ounce or ¥6,987.41 JPY per gram. Gold rose +0.22% 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 7, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,083.73 | C$66.99 | C$66,993.38 |
| JPY | ¥217,333.04 | ¥6,987.41 | ¥6,987,409.34 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,078.81 | ¥216,819.88 |
| High | C$2,088.11 | ¥217,789.87 |
| Low | C$2,072.97 | ¥216,210.77 |
| Close | C$2,083.73 | ¥217,333.04 |