GOLD PRICE IN JAPANESE YEN — MARCH 3, 2017
💱 XAU/JPY · Friday, March 3, 2017
On Friday, March 3, 2017, the gold spot price was C$1,641.28 per troy ounce in Canadian Dollars, equivalent to ¥171,185.50 JPY per ounce or ¥5,503.74 JPY per gram. Gold fell -0.22% 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 3, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,641.28 | C$52.77 | C$52,768.30 |
| JPY | ¥171,185.50 | ¥5,503.74 | ¥5,503,733.78 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,649.58 | ¥172,051.19 |
| High | C$1,654.27 | ¥172,540.36 |
| Low | C$1,637.79 | ¥170,821.50 |
| Close | C$1,641.28 | ¥171,185.50 |