GOLD PRICE IN JAPANESE YEN — MARCH 2, 2017
💱 XAU/JPY · Thursday, March 2, 2017
On Thursday, March 2, 2017, the gold spot price was C$1,644.83 per troy ounce in Canadian Dollars, equivalent to ¥171,555.77 JPY per ounce or ¥5,515.64 JPY per gram. Gold fell -1.06% 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 2, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,644.83 | C$52.88 | C$52,882.44 |
| JPY | ¥171,555.77 | ¥5,515.64 | ¥5,515,638.06 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,665.26 | ¥173,686.62 |
| High | C$1,665.80 | ¥173,742.94 |
| Low | C$1,643.23 | ¥171,388.89 |
| Close | C$1,644.83 | ¥171,555.77 |