GOLD PRICE IN JAPANESE YEN — MARCH 24, 2017
💱 XAU/JPY · Friday, March 24, 2017
On Friday, March 24, 2017, the gold spot price was C$1,666.16 per troy ounce in Canadian Dollars, equivalent to ¥173,780.49 JPY per ounce or ¥5,587.17 JPY per gram. Gold rose +0.23% 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 24, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,666.16 | C$53.57 | C$53,568.21 |
| JPY | ¥173,780.49 | ¥5,587.17 | ¥5,587,164.34 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,665.89 | ¥173,752.33 |
| High | C$1,666.29 | ¥173,794.05 |
| Low | C$1,665.36 | ¥173,697.05 |
| Close | C$1,666.16 | ¥173,780.49 |