GOLD PRICE IN JAPANESE YEN — MARCH 8, 2018
💱 XAU/JPY · Thursday, March 8, 2018
On Thursday, March 8, 2018, the gold spot price was C$1,703.49 per troy ounce in Canadian Dollars, equivalent to ¥177,674.01 JPY per ounce or ¥5,712.35 JPY per gram. Gold fell -0.79% 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 8, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,703.49 | C$54.77 | C$54,768.40 |
| JPY | ¥177,674.01 | ¥5,712.35 | ¥5,712,343.70 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,709.81 | ¥178,333.18 |
| High | C$1,712.39 | ¥178,602.28 |
| Low | C$1,702.71 | ¥177,592.65 |
| Close | C$1,703.49 | ¥177,674.01 |