GOLD PRICE IN JAPANESE YEN — MARCH 9, 2016
💱 XAU/JPY · Wednesday, March 9, 2016
On Wednesday, March 9, 2016, the gold spot price was C$1,685.98 per troy ounce in Canadian Dollars, equivalent to ¥175,847.71 JPY per ounce or ¥5,653.63 JPY per gram. Gold rose +0.49% 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 9, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,685.98 | C$54.21 | C$54,205.44 |
| JPY | ¥175,847.71 | ¥5,653.63 | ¥5,653,627.10 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,683.16 | ¥175,553.59 |
| High | C$1,690.54 | ¥176,323.32 |
| Low | C$1,670.15 | ¥174,196.65 |
| Close | C$1,685.98 | ¥175,847.71 |