GOLD PRICE IN JAPANESE YEN — MARCH 16, 2015
💱 XAU/JPY · Monday, March 16, 2015
On Monday, March 16, 2015, the gold spot price was C$1,478.14 per troy ounce in Canadian Dollars, equivalent to ¥154,170.00 JPY per ounce or ¥4,956.68 JPY per gram. Gold rose +1.05% 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, 2015
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,478.14 | C$47.52 | C$47,523.24 |
| JPY | ¥154,170.00 | ¥4,956.68 | ¥4,956,673.48 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,486.34 | ¥155,025.26 |
| High | C$1,489.67 | ¥155,372.58 |
| Low | C$1,474.04 | ¥153,742.37 |
| Close | C$1,478.14 | ¥154,170.00 |