GOLD PRICE IN JAPANESE YEN — MARCH 31, 2017
💱 XAU/JPY · Friday, March 31, 2017
On Friday, March 31, 2017, the gold spot price was C$1,662.96 per troy ounce in Canadian Dollars, equivalent to ¥173,446.73 JPY per ounce or ¥5,576.44 JPY per gram. Gold rose +0.20% 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 31, 2017
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,662.96 | C$53.47 | C$53,465.33 |
| JPY | ¥173,446.73 | ¥5,576.44 | ¥5,576,433.72 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,656.03 | ¥172,723.93 |
| High | C$1,664.96 | ¥173,655.33 |
| Low | C$1,651.50 | ¥172,251.45 |
| Close | C$1,662.96 | ¥173,446.73 |