GOLD PRICE IN JAPANESE YEN — MARCH 20, 2017
💱 XAU/JPY · Monday, March 20, 2017
On Monday, March 20, 2017, the gold spot price was C$1,644.76 per troy ounce in Canadian Dollars, equivalent to ¥171,548.47 JPY per ounce or ¥5,515.41 JPY per gram. Gold rose +0.39% 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 20, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,644.76 | C$52.88 | C$52,880.19 |
| JPY | ¥171,548.47 | ¥5,515.41 | ¥5,515,403.33 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,639.03 | ¥170,950.83 |
| High | C$1,645.83 | ¥171,660.07 |
| Low | C$1,639.03 | ¥170,950.83 |
| Close | C$1,644.76 | ¥171,548.47 |