GOLD PRICE IN JAPANESE YEN — MARCH 11, 2016
💱 XAU/JPY · Friday, March 11, 2016
On Friday, March 11, 2016, the gold spot price was C$1,678.83 per troy ounce in Canadian Dollars, equivalent to ¥175,101.97 JPY per ounce or ¥5,629.65 JPY per gram. Gold fell -0.37% 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 11, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,678.83 | C$53.98 | C$53,975.56 |
| JPY | ¥175,101.97 | ¥5,629.65 | ¥5,629,650.87 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,693.90 | ¥176,673.77 |
| High | C$1,708.17 | ¥178,162.13 |
| Low | C$1,666.42 | ¥173,807.61 |
| Close | C$1,678.83 | ¥175,101.97 |