GOLD PRICE IN JAPANESE YEN — MARCH 3, 2014
💱 XAU/JPY · Monday, March 3, 2014
On Monday, March 3, 2014, the gold spot price was C$1,493.53 per troy ounce in Canadian Dollars, equivalent to ¥155,775.18 JPY per ounce or ¥5,008.28 JPY per gram. Gold rose +1.62% 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 3, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,493.53 | C$48.02 | C$48,018.03 |
| JPY | ¥155,775.18 | ¥5,008.28 | ¥5,008,281.05 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,477.83 | ¥154,137.67 |
| High | C$1,497.96 | ¥156,237.23 |
| Low | C$1,474.51 | ¥153,791.39 |
| Close | C$1,493.53 | ¥155,775.18 |