GOLD PRICE IN JAPANESE YEN — MARCH 16, 2011
💱 XAU/JPY · Wednesday, March 16, 2011
On Wednesday, March 16, 2011, the gold spot price was C$1,373.11 per troy ounce in Canadian Dollars, equivalent to ¥143,215.37 JPY per ounce or ¥4,604.48 JPY per gram. Gold rose +1.23% 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, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,373.11 | C$44.15 | C$44,146.45 |
| JPY | ¥143,215.37 | ¥4,604.48 | ¥4,604,474.49 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,375.07 | ¥143,419.80 |
| High | C$1,381.17 | ¥144,056.03 |
| Low | C$1,371.43 | ¥143,040.15 |
| Close | C$1,373.11 | ¥143,215.37 |