GOLD PRICE IN JAPANESE YEN — FEBRUARY 6, 2024
💱 XAU/JPY · Tuesday, February 6, 2024
On Tuesday, February 6, 2024, the gold spot price was C$2,755.32 per troy ounce in Canadian Dollars, equivalent to ¥287,379.88 JPY per ounce or ¥9,239.47 JPY per gram. Gold rose +0.98% 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 6, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,755.32 | C$88.59 | C$88,585.47 |
| JPY | ¥287,379.88 | ¥9,239.47 | ¥9,239,464.18 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,743.68 | ¥286,165.82 |
| High | C$2,759.12 | ¥287,776.22 |
| Low | C$2,743.68 | ¥286,165.82 |
| Close | C$2,755.32 | ¥287,379.88 |