GOLD PRICE IN JAPANESE YEN — MARCH 4, 2022
💱 XAU/JPY · Friday, March 4, 2022
On Friday, March 4, 2022, the gold spot price was C$2,489.84 per troy ounce in Canadian Dollars, equivalent to ¥259,690.31 JPY per ounce or ¥8,349.23 JPY per gram. Gold rose +1.78% 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 4, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,489.84 | C$80.05 | C$80,050.10 |
| JPY | ¥259,690.31 | ¥8,349.23 | ¥8,349,225.31 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,454.24 | ¥255,977.23 |
| High | C$2,497.19 | ¥260,456.92 |
| Low | C$2,452.46 | ¥255,791.58 |
| Close | C$2,489.84 | ¥259,690.31 |