GOLD PRICE IN JAPANESE YEN — MARCH 3, 2016
💱 XAU/JPY · Thursday, March 3, 2016
On Thursday, March 3, 2016, the gold spot price was C$1,688.56 per troy ounce in Canadian Dollars, equivalent to ¥176,116.81 JPY per ounce or ¥5,662.28 JPY per gram. Gold rose +1.33% 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 3, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,688.56 | C$54.29 | C$54,288.39 |
| JPY | ¥176,116.81 | ¥5,662.28 | ¥5,662,278.66 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,663.05 | ¥173,456.12 |
| High | C$1,702.66 | ¥177,587.44 |
| Low | C$1,662.51 | ¥173,399.79 |
| Close | C$1,688.56 | ¥176,116.81 |