GOLD PRICE IN JAPANESE YEN — MARCH 15, 2017
💱 XAU/JPY · Wednesday, March 15, 2017
On Wednesday, March 15, 2017, the gold spot price was C$1,616.83 per troy ounce in Canadian Dollars, equivalent to ¥168,635.37 JPY per ounce or ¥5,421.75 JPY per gram. Gold rose +0.01% 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 15, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,616.83 | C$51.98 | C$51,982.22 |
| JPY | ¥168,635.37 | ¥5,421.75 | ¥5,421,745.16 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,614.27 | ¥168,368.36 |
| High | C$1,645.26 | ¥171,600.62 |
| Low | C$1,613.60 | ¥168,298.48 |
| Close | C$1,616.83 | ¥168,635.37 |