GOLD PRICE IN JAPANESE YEN — FEBRUARY 2, 2024
💱 XAU/JPY · Friday, February 2, 2024
On Friday, February 2, 2024, the gold spot price was C$2,724.91 per troy ounce in Canadian Dollars, equivalent to ¥284,208.11 JPY per ounce or ¥9,137.50 JPY per gram. Gold fell -1.21% 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 2, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,724.91 | C$87.61 | C$87,607.76 |
| JPY | ¥284,208.11 | ¥9,137.50 | ¥9,137,489.78 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,749.94 | ¥286,818.74 |
| High | C$2,751.41 | ¥286,972.06 |
| Low | C$2,713.67 | ¥283,035.78 |
| Close | C$2,724.91 | ¥284,208.11 |