GOLD PRICE IN JAPANESE YEN — MARCH 7, 2019
💱 XAU/JPY · Thursday, March 7, 2019
On Thursday, March 7, 2019, the gold spot price was C$1,725.81 per troy ounce in Canadian Dollars, equivalent to ¥180,001.98 JPY per ounce or ¥5,787.19 JPY per gram. Gold rose +0.59% 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 7, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,725.81 | C$55.49 | C$55,486.00 |
| JPY | ¥180,001.98 | ¥5,787.19 | ¥5,787,189.75 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,722.05 | ¥179,609.82 |
| High | C$1,726.89 | ¥180,114.63 |
| Low | C$1,722.05 | ¥179,609.82 |
| Close | C$1,725.81 | ¥180,001.98 |