GOLD PRICE IN JAPANESE YEN — MARCH 24, 2020
💱 XAU/JPY · Tuesday, March 24, 2020
On Tuesday, March 24, 2020, the gold spot price was C$2,403.45 per troy ounce in Canadian Dollars, equivalent to ¥250,679.83 JPY per ounce or ¥8,059.54 JPY per gram. Gold rose +6.08% 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 24, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,403.45 | C$77.27 | C$77,272.60 |
| JPY | ¥250,679.83 | ¥8,059.54 | ¥8,059,532.17 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,305.74 | ¥240,488.68 |
| High | C$2,440.08 | ¥254,500.34 |
| Low | C$2,305.74 | ¥240,488.68 |
| Close | C$2,403.45 | ¥250,679.83 |