GOLD PRICE IN JAPANESE YEN — MARCH 7, 2018
💱 XAU/JPY · Wednesday, March 7, 2018
On Wednesday, March 7, 2018, the gold spot price was C$1,717.02 per troy ounce in Canadian Dollars, equivalent to ¥179,085.19 JPY per ounce or ¥5,757.72 JPY per gram. Gold fell -0.81% 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 7, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,717.02 | C$55.20 | C$55,203.39 |
| JPY | ¥179,085.19 | ¥5,757.72 | ¥5,757,714.09 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,732.69 | ¥180,719.57 |
| High | C$1,732.69 | ¥180,719.57 |
| Low | C$1,717.02 | ¥179,085.19 |
| Close | C$1,717.02 | ¥179,085.19 |