GOLD PRICE IN JAPANESE YEN — MARCH 7, 2017
💱 XAU/JPY · Tuesday, March 7, 2017
On Tuesday, March 7, 2017, the gold spot price was C$1,628.40 per troy ounce in Canadian Dollars, equivalent to ¥169,842.12 JPY per ounce or ¥5,460.55 JPY per gram. Gold fell -0.62% 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 7, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,628.40 | C$52.35 | C$52,354.20 |
| JPY | ¥169,842.12 | ¥5,460.55 | ¥5,460,543.05 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,640.73 | ¥171,128.14 |
| High | C$1,642.21 | ¥171,282.50 |
| Low | C$1,626.53 | ¥169,647.08 |
| Close | C$1,628.40 | ¥169,842.12 |