GOLD PRICE IN JAPANESE YEN — MARCH 8, 2017
💱 XAU/JPY · Wednesday, March 8, 2017
On Wednesday, March 8, 2017, the gold spot price was C$1,620.66 per troy ounce in Canadian Dollars, equivalent to ¥169,034.84 JPY per ounce or ¥5,434.59 JPY per gram. Gold fell -0.48% 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 8, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,620.66 | C$52.11 | C$52,105.35 |
| JPY | ¥169,034.84 | ¥5,434.59 | ¥5,434,588.37 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,625.62 | ¥169,552.17 |
| High | C$1,625.62 | ¥169,552.17 |
| Low | C$1,618.25 | ¥168,783.48 |
| Close | C$1,620.66 | ¥169,034.84 |