GOLD PRICE IN JAPANESE YEN — FEBRUARY 28, 2024
💱 XAU/JPY · Wednesday, February 28, 2024
On Wednesday, February 28, 2024, the gold spot price was C$2,750.99 per troy ounce in Canadian Dollars, equivalent to ¥286,928.26 JPY per ounce or ¥9,224.95 JPY per gram. Gold rose +0.18% 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 28, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,750.99 | C$88.45 | C$88,446.25 |
| JPY | ¥286,928.26 | ¥9,224.95 | ¥9,224,944.31 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,746.26 | ¥286,434.92 |
| High | C$2,756.41 | ¥287,493.56 |
| Low | C$2,739.90 | ¥285,771.57 |
| Close | C$2,750.99 | ¥286,928.26 |