GOLD PRICE IN JAPANESE YEN — MARCH 11, 2020
💱 XAU/JPY · Wednesday, March 11, 2020
On Wednesday, March 11, 2020, the gold spot price was C$2,253.94 per troy ounce in Canadian Dollars, equivalent to ¥235,085.94 JPY per ounce or ¥7,558.18 JPY per gram. Gold fell -0.53% 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 11, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,253.94 | C$72.47 | C$72,465.75 |
| JPY | ¥235,085.94 | ¥7,558.18 | ¥7,558,177.60 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,274.81 | ¥237,262.68 |
| High | C$2,288.40 | ¥238,680.12 |
| Low | C$2,245.15 | ¥234,169.15 |
| Close | C$2,253.94 | ¥235,085.94 |