GOLD PRICE IN JAPANESE YEN — MARCH 7, 2011
💱 XAU/JPY · Monday, March 7, 2011
On Monday, March 7, 2011, the gold spot price was C$1,393.59 per troy ounce in Canadian Dollars, equivalent to ¥145,351.44 JPY per ounce or ¥4,673.15 JPY per gram. Gold rose +0.33% 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 7, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,393.59 | C$44.80 | C$44,804.89 |
| JPY | ¥145,351.44 | ¥4,673.15 | ¥4,673,150.45 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,393.98 | ¥145,392.11 |
| High | C$1,404.18 | ¥146,455.97 |
| Low | C$1,389.12 | ¥144,885.22 |
| Close | C$1,393.59 | ¥145,351.44 |