GOLD PRICE IN JAPANESE YEN — MARCH 1, 2021
💱 XAU/JPY · Monday, March 1, 2021
On Monday, March 1, 2021, the gold spot price was C$2,186.89 per troy ounce in Canadian Dollars, equivalent to ¥228,092.63 JPY per ounce or ¥7,333.34 JPY per gram. Gold rose +0.36% 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 1, 2021
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,186.89 | C$70.31 | C$70,310.04 |
| JPY | ¥228,092.63 | ¥7,333.34 | ¥7,333,337.62 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,205.42 | ¥230,025.31 |
| High | C$2,217.99 | ¥231,336.36 |
| Low | C$2,184.09 | ¥227,800.59 |
| Close | C$2,186.89 | ¥228,092.63 |