GOLD PRICE IN JAPANESE YEN — MARCH 28, 2016
💱 XAU/JPY · Monday, March 28, 2016
On Monday, March 28, 2016, the gold spot price was C$1,618.93 per troy ounce in Canadian Dollars, equivalent to ¥168,854.40 JPY per ounce or ¥5,428.79 JPY per gram. Gold rose +0.34% 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 28, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,618.93 | C$52.05 | C$52,049.73 |
| JPY | ¥168,854.40 | ¥5,428.79 | ¥5,428,787.13 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,607.78 | ¥167,691.45 |
| High | C$1,621.98 | ¥169,172.51 |
| Low | C$1,605.79 | ¥167,483.90 |
| Close | C$1,618.93 | ¥168,854.40 |