GOLD PRICE IN JAPANESE YEN — FEBRUARY 5, 2021
💱 XAU/JPY · Friday, February 5, 2021
On Friday, February 5, 2021, the gold spot price was C$2,322.10 per troy ounce in Canadian Dollars, equivalent to ¥242,195.03 JPY per ounce or ¥7,786.75 JPY per gram. Gold rose +1.54% 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 5, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,322.10 | C$74.66 | C$74,657.14 |
| JPY | ¥242,195.03 | ¥7,786.75 | ¥7,786,739.75 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,300.81 | ¥239,974.48 |
| High | C$2,325.43 | ¥242,542.35 |
| Low | C$2,296.45 | ¥239,519.74 |
| Close | C$2,322.10 | ¥242,195.03 |