GOLD PRICE IN JAPANESE YEN — MARCH 4, 2011
💱 XAU/JPY · Friday, March 4, 2011
On Friday, March 4, 2011, the gold spot price was C$1,389.07 per troy ounce in Canadian Dollars, equivalent to ¥144,880.00 JPY per ounce or ¥4,658.00 JPY per gram. Gold rose +0.84% 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 4, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,389.07 | C$44.66 | C$44,659.57 |
| JPY | ¥144,880.00 | ¥4,658.00 | ¥4,657,993.45 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,380.02 | ¥143,936.09 |
| High | C$1,390.62 | ¥145,041.67 |
| Low | C$1,377.98 | ¥143,723.31 |
| Close | C$1,389.07 | ¥144,880.00 |