GOLD PRICE IN JAPANESE YEN — MARCH 14, 2016
💱 XAU/JPY · Monday, March 14, 2016
On Monday, March 14, 2016, the gold spot price was C$1,647.05 per troy ounce in Canadian Dollars, equivalent to ¥171,787.32 JPY per ounce or ¥5,523.09 JPY per gram. Gold fell -1.89% 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 14, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,647.05 | C$52.95 | C$52,953.81 |
| JPY | ¥171,787.32 | ¥5,523.09 | ¥5,523,082.43 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,662.40 | ¥173,388.32 |
| High | C$1,665.05 | ¥173,664.72 |
| Low | C$1,633.95 | ¥170,420.99 |
| Close | C$1,647.05 | ¥171,787.32 |