GOLD PRICE IN JAPANESE YEN — FEBRUARY 8, 2021
💱 XAU/JPY · Monday, February 8, 2021
On Monday, February 8, 2021, the gold spot price was C$2,337.21 per troy ounce in Canadian Dollars, equivalent to ¥243,771.00 JPY per ounce or ¥7,837.41 JPY per gram. Gold rose +0.65% 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 8, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,337.21 | C$75.14 | C$75,142.94 |
| JPY | ¥243,771.00 | ¥7,837.41 | ¥7,837,408.39 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,317.31 | ¥241,695.43 |
| High | C$2,343.34 | ¥244,410.36 |
| Low | C$2,307.99 | ¥240,723.36 |
| Close | C$2,337.21 | ¥243,771.00 |