GOLD PRICE IN JAPANESE YEN — FEBRUARY 18, 2020
💱 XAU/JPY · Tuesday, February 18, 2020
On Tuesday, February 18, 2020, the gold spot price was C$2,117.60 per troy ounce in Canadian Dollars, equivalent to ¥220,865.68 JPY per ounce or ¥7,100.99 JPY per gram. Gold rose +0.87% 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 18, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,117.60 | C$68.08 | C$68,082.32 |
| JPY | ¥220,865.68 | ¥7,100.99 | ¥7,100,986.22 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,090.87 | ¥218,077.74 |
| High | C$2,123.29 | ¥221,459.15 |
| Low | C$2,090.87 | ¥218,077.74 |
| Close | C$2,117.60 | ¥220,865.68 |