GOLD PRICE IN JAPANESE YEN — FEBRUARY 8, 2022
💱 XAU/JPY · Tuesday, February 8, 2022
On Tuesday, February 8, 2022, the gold spot price was C$2,313.50 per troy ounce in Canadian Dollars, equivalent to ¥241,298.05 JPY per ounce or ¥7,757.91 JPY per gram. Gold fell -0.30% 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, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,313.50 | C$74.38 | C$74,380.64 |
| JPY | ¥241,298.05 | ¥7,757.91 | ¥7,757,901.22 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,303.75 | ¥240,281.13 |
| High | C$2,314.76 | ¥241,429.47 |
| Low | C$2,298.81 | ¥239,765.88 |
| Close | C$2,313.50 | ¥241,298.05 |