GOLD PRICE IN JAPANESE YEN — FEBRUARY 5, 2024
💱 XAU/JPY · Monday, February 5, 2024
On Monday, February 5, 2024, the gold spot price was C$2,728.64 per troy ounce in Canadian Dollars, equivalent to ¥284,597.15 JPY per ounce or ¥9,150.00 JPY per gram. Gold rose +0.14% 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, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,728.64 | C$87.73 | C$87,727.69 |
| JPY | ¥284,597.15 | ¥9,150.00 | ¥9,149,997.65 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,746.42 | ¥286,451.61 |
| High | C$2,748.98 | ¥286,718.61 |
| Low | C$2,712.61 | ¥282,925.22 |
| Close | C$2,728.64 | ¥284,597.15 |