GOLD PRICE IN JAPANESE YEN — MARCH 8, 2019
💱 XAU/JPY · Friday, March 8, 2019
On Friday, March 8, 2019, the gold spot price was C$1,743.78 per troy ounce in Canadian Dollars, equivalent to ¥181,876.25 JPY per ounce or ¥5,847.45 JPY per gram. Gold rose +1.04% 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 8, 2019
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,743.78 | C$56.06 | C$56,063.75 |
| JPY | ¥181,876.25 | ¥5,847.45 | ¥5,847,448.88 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,737.19 | ¥181,188.92 |
| High | C$1,744.32 | ¥181,932.58 |
| Low | C$1,736.52 | ¥181,119.04 |
| Close | C$1,743.78 | ¥181,876.25 |