GOLD PRICE IN JAPANESE YEN — FEBRUARY 3, 2021
💱 XAU/JPY · Wednesday, February 3, 2021
On Wednesday, February 3, 2021, the gold spot price was C$2,342.49 per troy ounce in Canadian Dollars, equivalent to ¥244,321.71 JPY per ounce or ¥7,855.12 JPY per gram. Gold fell -0.38% 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 3, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,342.49 | C$75.31 | C$75,312.69 |
| JPY | ¥244,321.71 | ¥7,855.12 | ¥7,855,113.91 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,345.81 | ¥244,667.98 |
| High | C$2,355.53 | ¥245,681.78 |
| Low | C$2,339.42 | ¥244,001.51 |
| Close | C$2,342.49 | ¥244,321.71 |