GOLD PRICE IN JAPANESE YEN — MARCH 16, 2009
💱 XAU/JPY · Monday, March 16, 2009
On Monday, March 16, 2009, the gold spot price was C$1,171.26 per troy ounce in Canadian Dollars, equivalent to ¥122,162.42 JPY per ounce or ¥3,927.61 JPY per gram. Gold fell -0.72% 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 16, 2009
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,171.26 | C$37.66 | C$37,656.83 |
| JPY | ¥122,162.42 | ¥3,927.61 | ¥3,927,607.25 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,177.36 | ¥122,798.65 |
| High | C$1,181.43 | ¥123,223.15 |
| Low | C$1,165.03 | ¥121,512.63 |
| Close | C$1,171.26 | ¥122,162.42 |