GOLD PRICE IN JAPANESE YEN — MARCH 8, 2011
💱 XAU/JPY · Tuesday, March 8, 2011
On Tuesday, March 8, 2011, the gold spot price was C$1,388.49 per troy ounce in Canadian Dollars, equivalent to ¥144,819.51 JPY per ounce or ¥4,656.05 JPY per gram. Gold fell -0.37% 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 8, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,388.49 | C$44.64 | C$44,640.93 |
| JPY | ¥144,819.51 | ¥4,656.05 | ¥4,656,048.52 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,393.06 | ¥145,296.16 |
| High | C$1,394.03 | ¥145,397.33 |
| Low | C$1,385.96 | ¥144,555.63 |
| Close | C$1,388.49 | ¥144,819.51 |