GOLD PRICE IN JAPANESE YEN — FEBRUARY 7, 2022
💱 XAU/JPY · Monday, February 7, 2022
On Monday, February 7, 2022, the gold spot price was C$2,320.41 per troy ounce in Canadian Dollars, equivalent to ¥242,018.76 JPY per ounce or ¥7,781.08 JPY per gram. Gold rose +1.31% 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 7, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,320.41 | C$74.60 | C$74,602.81 |
| JPY | ¥242,018.76 | ¥7,781.08 | ¥7,781,072.64 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,309.70 | ¥240,901.71 |
| High | C$2,321.30 | ¥242,111.59 |
| Low | C$2,305.75 | ¥240,489.73 |
| Close | C$2,320.41 | ¥242,018.76 |