GOLD PRICE IN JAPANESE YEN — MARCH 1, 2019
💱 XAU/JPY · Friday, March 1, 2019
On Friday, March 1, 2019, the gold spot price was C$1,706.62 per troy ounce in Canadian Dollars, equivalent to ¥178,000.47 JPY per ounce or ¥5,722.84 JPY per gram. Gold fell -1.10% 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 1, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,706.62 | C$54.87 | C$54,869.03 |
| JPY | ¥178,000.47 | ¥5,722.84 | ¥5,722,839.58 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,727.42 | ¥180,169.91 |
| High | C$1,727.42 | ¥180,169.91 |
| Low | C$1,696.75 | ¥176,971.03 |
| Close | C$1,706.62 | ¥178,000.47 |