GOLD PRICE IN JAPANESE YEN — FEBRUARY 24, 2020
💱 XAU/JPY · Monday, February 24, 2020
On Monday, February 24, 2020, the gold spot price was C$2,216.43 per troy ounce in Canadian Dollars, equivalent to ¥231,173.65 JPY per ounce or ¥7,432.40 JPY per gram. Gold rose +1.64% 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 24, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,216.43 | C$71.26 | C$71,259.78 |
| JPY | ¥231,173.65 | ¥7,432.40 | ¥7,432,394.64 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,196.02 | ¥229,044.89 |
| High | C$2,235.25 | ¥233,136.57 |
| Low | C$2,186.74 | ¥228,076.98 |
| Close | C$2,216.43 | ¥231,173.65 |