GOLD PRICE IN JAPANESE YEN — MARCH 16, 2018
💱 XAU/JPY · Friday, March 16, 2018
On Friday, March 16, 2018, the gold spot price was C$1,711.47 per troy ounce in Canadian Dollars, equivalent to ¥178,506.32 JPY per ounce or ¥5,739.11 JPY per gram. Gold rose +0.35% 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 16, 2018
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,711.47 | C$55.02 | C$55,024.96 |
| JPY | ¥178,506.32 | ¥5,739.11 | ¥5,739,103.17 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,709.90 | ¥178,342.57 |
| High | C$1,711.47 | ¥178,506.32 |
| Low | C$1,709.90 | ¥178,342.57 |
| Close | C$1,711.47 | ¥178,506.32 |