GOLD PRICE IN JAPANESE YEN — FEBRUARY 9, 2024
💱 XAU/JPY · Friday, February 9, 2024
On Friday, February 9, 2024, the gold spot price was C$2,723.36 per troy ounce in Canadian Dollars, equivalent to ¥284,046.45 JPY per ounce or ¥9,132.30 JPY per gram. Gold fell -0.47% 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 9, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,723.36 | C$87.56 | C$87,557.93 |
| JPY | ¥284,046.45 | ¥9,132.30 | ¥9,132,292.14 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,735.07 | ¥285,267.80 |
| High | C$2,735.07 | ¥285,267.80 |
| Low | C$2,718.92 | ¥283,583.36 |
| Close | C$2,723.36 | ¥284,046.45 |