GOLD PRICE IN JAPANESE YEN — MARCH 2, 2020
💱 XAU/JPY · Monday, March 2, 2020
On Monday, March 2, 2020, the gold spot price was C$2,134.81 per troy ounce in Canadian Dollars, equivalent to ¥222,660.68 JPY per ounce or ¥7,158.70 JPY per gram. Gold rose +1.96% 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 2, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,134.81 | C$68.64 | C$68,635.64 |
| JPY | ¥222,660.68 | ¥7,158.70 | ¥7,158,696.82 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,123.55 | ¥221,486.27 |
| High | C$2,156.26 | ¥224,897.92 |
| Low | C$2,110.68 | ¥220,143.92 |
| Close | C$2,134.81 | ¥222,660.68 |