GOLD PRICE IN JAPANESE YEN — MARCH 4, 2019
💱 XAU/JPY · Monday, March 4, 2019
On Monday, March 4, 2019, the gold spot price was C$1,706.68 per troy ounce in Canadian Dollars, equivalent to ¥178,006.72 JPY per ounce or ¥5,723.04 JPY per gram. Gold rose +0.00% 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 4, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,706.68 | C$54.87 | C$54,870.96 |
| JPY | ¥178,006.72 | ¥5,723.04 | ¥5,723,040.78 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,707.61 | ¥178,103.72 |
| High | C$1,709.60 | ¥178,311.28 |
| Low | C$1,702.82 | ¥177,604.13 |
| Close | C$1,706.68 | ¥178,006.72 |