GOLD PRICE IN JAPANESE YEN — FEBRUARY 29, 2024
💱 XAU/JPY · Thursday, February 29, 2024
On Thursday, February 29, 2024, the gold spot price was C$2,777.55 per troy ounce in Canadian Dollars, equivalent to ¥289,698.47 JPY per ounce or ¥9,314.01 JPY per gram. Gold rose +0.97% 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 29, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,777.55 | C$89.30 | C$89,300.18 |
| JPY | ¥289,698.47 | ¥9,314.01 | ¥9,314,008.44 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,762.07 | ¥288,083.90 |
| High | C$2,783.12 | ¥290,279.42 |
| Low | C$2,762.07 | ¥288,083.90 |
| Close | C$2,777.55 | ¥289,698.47 |