GOLD PRICE IN JAPANESE YEN — MARCH 5, 2020
💱 XAU/JPY · Thursday, March 5, 2020
On Thursday, March 5, 2020, the gold spot price was C$2,230.41 per troy ounce in Canadian Dollars, equivalent to ¥232,631.76 JPY per ounce or ¥7,479.28 JPY per gram. Gold rose +1.59% 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 5, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,230.41 | C$71.71 | C$71,709.24 |
| JPY | ¥232,631.76 | ¥7,479.28 | ¥7,479,274.02 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,191.46 | ¥228,569.28 |
| High | C$2,239.11 | ¥233,539.17 |
| Low | C$2,191.33 | ¥228,555.72 |
| Close | C$2,230.41 | ¥232,631.76 |