GOLD PRICE IN JAPANESE YEN — MARCH 6, 2017
💱 XAU/JPY · Monday, March 6, 2017
On Monday, March 6, 2017, the gold spot price was C$1,638.63 per troy ounce in Canadian Dollars, equivalent to ¥170,909.11 JPY per ounce or ¥5,494.85 JPY per gram. Gold fell -0.16% 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 6, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,638.63 | C$52.68 | C$52,683.10 |
| JPY | ¥170,909.11 | ¥5,494.85 | ¥5,494,847.49 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,652.94 | ¥172,401.64 |
| High | C$1,652.94 | ¥172,401.64 |
| Low | C$1,638.63 | ¥170,909.11 |
| Close | C$1,638.63 | ¥170,909.11 |