GOLD PRICE IN JAPANESE YEN — MARCH 23, 2020
💱 XAU/JPY · Monday, March 23, 2020
On Monday, March 23, 2020, the gold spot price was C$2,265.79 per troy ounce in Canadian Dollars, equivalent to ¥236,321.90 JPY per ounce or ¥7,597.92 JPY per gram. Gold rose +5.31% 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 23, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,265.79 | C$72.85 | C$72,846.73 |
| JPY | ¥236,321.90 | ¥7,597.92 | ¥7,597,914.41 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,176.57 | ¥227,016.25 |
| High | C$2,265.79 | ¥236,321.90 |
| Low | C$2,154.74 | ¥224,739.38 |
| Close | C$2,265.79 | ¥236,321.90 |