GOLD PRICE IN JAPANESE YEN — MARCH 18, 2020
💱 XAU/JPY · Wednesday, March 18, 2020
On Wednesday, March 18, 2020, the gold spot price was C$2,103.56 per troy ounce in Canadian Dollars, equivalent to ¥219,401.31 JPY per ounce or ¥7,053.91 JPY per gram. Gold fell -1.54% 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 18, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,103.56 | C$67.63 | C$67,630.93 |
| JPY | ¥219,401.31 | ¥7,053.91 | ¥7,053,905.63 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,189.28 | ¥228,341.90 |
| High | C$2,195.68 | ¥229,009.42 |
| Low | C$2,103.56 | ¥219,401.31 |
| Close | C$2,103.56 | ¥219,401.31 |