GOLD PRICE IN JAPANESE YEN — MARCH 9, 2018
💱 XAU/JPY · Friday, March 9, 2018
On Friday, March 9, 2018, the gold spot price was C$1,705.38 per troy ounce in Canadian Dollars, equivalent to ¥177,871.13 JPY per ounce or ¥5,718.69 JPY per gram. Gold rose +0.11% 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 9, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,705.38 | C$54.83 | C$54,829.16 |
| JPY | ¥177,871.13 | ¥5,718.69 | ¥5,718,681.47 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,698.16 | ¥177,118.09 |
| High | C$1,705.38 | ¥177,871.13 |
| Low | C$1,693.26 | ¥176,607.02 |
| Close | C$1,705.38 | ¥177,871.13 |