GOLD PRICE IN JAPANESE YEN — MARCH 2, 2018
💱 XAU/JPY · Friday, March 2, 2018
On Friday, March 2, 2018, the gold spot price was C$1,695.25 per troy ounce in Canadian Dollars, equivalent to ¥176,814.57 JPY per ounce or ¥5,684.72 JPY per gram. Gold rose +1.39% 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 2, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,695.25 | C$54.50 | C$54,503.47 |
| JPY | ¥176,814.57 | ¥5,684.72 | ¥5,684,712.36 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,686.52 | ¥175,904.04 |
| High | C$1,697.94 | ¥177,095.14 |
| Low | C$1,686.52 | ¥175,904.04 |
| Close | C$1,695.25 | ¥176,814.57 |