GOLD PRICE IN JAPANESE YEN — FEBRUARY 27, 2020
💱 XAU/JPY · Thursday, February 27, 2020
On Thursday, February 27, 2020, the gold spot price was C$2,188.63 per troy ounce in Canadian Dollars, equivalent to ¥228,274.11 JPY per ounce or ¥7,339.18 JPY per gram. Gold rose +0.50% 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 27, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,188.63 | C$70.37 | C$70,365.99 |
| JPY | ¥228,274.11 | ¥7,339.18 | ¥7,339,172.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,190.10 | ¥228,427.43 |
| High | C$2,212.65 | ¥230,779.40 |
| Low | C$2,186.63 | ¥228,065.51 |
| Close | C$2,188.63 | ¥228,274.11 |