GOLD PRICE IN JAPANESE YEN — MARCH 16, 2017
💱 XAU/JPY · Thursday, March 16, 2017
On Thursday, March 16, 2017, the gold spot price was C$1,630.85 per troy ounce in Canadian Dollars, equivalent to ¥170,097.66 JPY per ounce or ¥5,468.76 JPY per gram. Gold rose +0.87% 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 16, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,630.85 | C$52.43 | C$52,432.97 |
| JPY | ¥170,097.66 | ¥5,468.76 | ¥5,468,758.68 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,625.13 | ¥169,501.06 |
| High | C$1,637.37 | ¥170,777.69 |
| Low | C$1,625.13 | ¥169,501.06 |
| Close | C$1,630.85 | ¥170,097.66 |