GOLD PRICE IN JAPANESE YEN — MARCH 1, 2018
💱 XAU/JPY · Thursday, March 1, 2018
On Thursday, March 1, 2018, the gold spot price was C$1,672.01 per troy ounce in Canadian Dollars, equivalent to ¥174,390.64 JPY per ounce or ¥5,606.79 JPY per gram. Gold fell -0.48% 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 1, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,672.01 | C$53.76 | C$53,756.29 |
| JPY | ¥174,390.64 | ¥5,606.79 | ¥5,606,781.25 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,681.64 | ¥175,395.05 |
| High | C$1,691.52 | ¥176,425.54 |
| Low | C$1,670.60 | ¥174,243.58 |
| Close | C$1,672.01 | ¥174,390.64 |