GOLD PRICE IN JAPANESE YEN — MARCH 22, 2016
💱 XAU/JPY · Tuesday, March 22, 2016
On Tuesday, March 22, 2016, the gold spot price was C$1,634.14 per troy ounce in Canadian Dollars, equivalent to ¥170,440.80 JPY per ounce or ¥5,479.79 JPY per gram. Gold rose +0.71% 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 22, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,634.14 | C$52.54 | C$52,538.74 |
| JPY | ¥170,440.80 | ¥5,479.79 | ¥5,479,791.09 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,628.64 | ¥169,867.15 |
| High | C$1,639.64 | ¥171,014.45 |
| Low | C$1,628.38 | ¥169,840.03 |
| Close | C$1,634.14 | ¥170,440.80 |