GOLD PRICE IN JAPANESE YEN — MARCH 2, 2011
💱 XAU/JPY · Wednesday, March 2, 2011
On Wednesday, March 2, 2011, the gold spot price was C$1,400.47 per troy ounce in Canadian Dollars, equivalent to ¥146,069.02 JPY per ounce or ¥4,696.22 JPY per gram. Gold rose +0.80% 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 2, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,400.47 | C$45.03 | C$45,026.09 |
| JPY | ¥146,069.02 | ¥4,696.22 | ¥4,696,221.27 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,395.89 | ¥145,591.33 |
| High | C$1,403.68 | ¥146,403.82 |
| Low | C$1,392.28 | ¥145,214.80 |
| Close | C$1,400.47 | ¥146,069.02 |