GOLD PRICE IN JAPANESE YEN — MARCH 31, 2016
💱 XAU/JPY · Thursday, March 31, 2016
On Thursday, March 31, 2016, the gold spot price was C$1,601.57 per troy ounce in Canadian Dollars, equivalent to ¥167,043.75 JPY per ounce or ¥5,370.58 JPY per gram. Gold fell -0.07% 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 31, 2016
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,601.57 | C$51.49 | C$51,491.60 |
| JPY | ¥167,043.75 | ¥5,370.58 | ¥5,370,573.53 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,590.41 | ¥165,879.76 |
| High | C$1,608.58 | ¥167,774.89 |
| Low | C$1,588.98 | ¥165,730.61 |
| Close | C$1,601.57 | ¥167,043.75 |