GOLD PRICE IN JAPANESE YEN — MARCH 1, 2022
💱 XAU/JPY · Tuesday, March 1, 2022
On Tuesday, March 1, 2022, the gold spot price was C$2,460.34 per troy ounce in Canadian Dollars, equivalent to ¥256,613.46 JPY per ounce or ¥8,250.31 JPY per gram. Gold rose +1.55% 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, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,460.34 | C$79.10 | C$79,101.65 |
| JPY | ¥256,613.46 | ¥8,250.31 | ¥8,250,302.43 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,417.15 | ¥252,108.75 |
| High | C$2,460.34 | ¥256,613.46 |
| Low | C$2,411.45 | ¥251,514.24 |
| Close | C$2,460.34 | ¥256,613.46 |