GOLD PRICE IN JAPANESE YEN — FEBRUARY 16, 2024
💱 XAU/JPY · Friday, February 16, 2024
On Friday, February 16, 2024, the gold spot price was C$2,708.55 per troy ounce in Canadian Dollars, equivalent to ¥282,501.77 JPY per ounce or ¥9,082.64 JPY per gram. Gold fell -0.07% 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 16, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,708.55 | C$87.08 | C$87,081.78 |
| JPY | ¥282,501.77 | ¥9,082.64 | ¥9,082,629.50 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,699.79 | ¥281,588.10 |
| High | C$2,708.55 | ¥282,501.77 |
| Low | C$2,688.35 | ¥280,394.90 |
| Close | C$2,708.55 | ¥282,501.77 |