GOLD PRICE IN JAPANESE YEN — FEBRUARY 27, 2024
💱 XAU/JPY · Tuesday, February 27, 2024
On Tuesday, February 27, 2024, the gold spot price was C$2,746.16 per troy ounce in Canadian Dollars, equivalent to ¥286,424.49 JPY per ounce or ¥9,208.75 JPY per gram. Gold rose +0.23% 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 27, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,746.16 | C$88.29 | C$88,290.97 |
| JPY | ¥286,424.49 | ¥9,208.75 | ¥9,208,747.79 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,748.73 | ¥286,692.54 |
| High | C$2,748.73 | ¥286,692.54 |
| Low | C$2,746.16 | ¥286,424.49 |
| Close | C$2,746.16 | ¥286,424.49 |