GOLD PRICE IN JAPANESE YEN — MARCH 17, 2008
💱 XAU/JPY · Monday, March 17, 2008
On Monday, March 17, 2008, the gold spot price was C$995.99 per troy ounce in Canadian Dollars, equivalent to ¥103,881.76 JPY per ounce or ¥3,339.87 JPY per gram. Gold rose +1.06% 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 — MARCH 17, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$995.99 | C$32.02 | C$32,021.78 |
| JPY | ¥103,881.76 | ¥3,339.87 | ¥3,339,871.20 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$999.57 | ¥104,255.15 |
| High | C$1,009.12 | ¥105,251.22 |
| Low | C$991.02 | ¥103,363.39 |
| Close | C$995.99 | ¥103,881.76 |