GOLD PRICE IN JAPANESE YEN — MARCH 7, 2022
💱 XAU/JPY · Monday, March 7, 2022
On Monday, March 7, 2022, the gold spot price was C$2,535.06 per troy ounce in Canadian Dollars, equivalent to ¥264,406.76 JPY per ounce or ¥8,500.87 JPY per gram. Gold rose +1.82% 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 7, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,535.06 | C$81.50 | C$81,503.95 |
| JPY | ¥264,406.76 | ¥8,500.87 | ¥8,500,862.35 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,528.83 | ¥263,756.97 |
| High | C$2,544.22 | ¥265,362.15 |
| Low | C$2,495.78 | ¥260,309.85 |
| Close | C$2,535.06 | ¥264,406.76 |