GOLD PRICE IN JAPANESE YEN — MARCH 3, 2020
💱 XAU/JPY · Tuesday, March 3, 2020
On Tuesday, March 3, 2020, the gold spot price was C$2,188.11 per troy ounce in Canadian Dollars, equivalent to ¥228,219.87 JPY per ounce or ¥7,337.43 JPY per gram. Gold rose +2.50% 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 3, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,188.11 | C$70.35 | C$70,349.27 |
| JPY | ¥228,219.87 | ¥7,337.43 | ¥7,337,428.67 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,124.69 | ¥221,605.17 |
| High | C$2,192.38 | ¥228,665.23 |
| Low | C$2,124.02 | ¥221,535.29 |
| Close | C$2,188.11 | ¥228,219.87 |