GOLD PRICE IN JAPANESE YEN — MARCH 6, 2020
💱 XAU/JPY · Friday, March 6, 2020
On Friday, March 6, 2020, the gold spot price was C$2,237.84 per troy ounce in Canadian Dollars, equivalent to ¥233,406.71 JPY per ounce or ¥7,504.19 JPY per gram. Gold rose +0.33% 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 6, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,237.84 | C$71.95 | C$71,948.12 |
| JPY | ¥233,406.71 | ¥7,504.19 | ¥7,504,189.18 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,237.84 | ¥233,406.71 |
| High | C$2,258.46 | ¥235,557.38 |
| Low | C$2,206.23 | ¥230,109.79 |
| Close | C$2,237.84 | ¥233,406.71 |