GOLD PRICE IN JAPANESE YEN — MARCH 18, 2008
💱 XAU/JPY · Tuesday, March 18, 2008
On Tuesday, March 18, 2008, the gold spot price was C$993.07 per troy ounce in Canadian Dollars, equivalent to ¥103,577.20 JPY per ounce or ¥3,330.08 JPY per gram. Gold fell -0.29% 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 18, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$993.07 | C$31.93 | C$31,927.90 |
| JPY | ¥103,577.20 | ¥3,330.08 | ¥3,330,079.52 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$993.46 | ¥103,617.88 |
| High | C$999.80 | ¥104,279.14 |
| Low | C$968.32 | ¥100,995.78 |
| Close | C$993.07 | ¥103,577.20 |