GOLD PRICE IN JAPANESE YEN — MARCH 17, 2020
💱 XAU/JPY · Tuesday, March 17, 2020
On Tuesday, March 17, 2020, the gold spot price was C$2,136.48 per troy ounce in Canadian Dollars, equivalent to ¥222,834.86 JPY per ounce or ¥7,164.30 JPY per gram. Gold rose +4.21% 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 17, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,136.48 | C$68.69 | C$68,689.33 |
| JPY | ¥222,834.86 | ¥7,164.30 | ¥7,164,296.86 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,058.58 | ¥214,709.89 |
| High | C$2,154.41 | ¥224,704.96 |
| Low | C$2,058.58 | ¥214,709.89 |
| Close | C$2,136.48 | ¥222,834.86 |