GOLD PRICE IN JAPANESE YEN — MARCH 8, 2022
💱 XAU/JPY · Tuesday, March 8, 2022
On Tuesday, March 8, 2022, the gold spot price was C$2,611.61 per troy ounce in Canadian Dollars, equivalent to ¥272,390.92 JPY per ounce or ¥8,757.57 JPY per gram. Gold rose +3.02% 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 8, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,611.61 | C$83.97 | C$83,965.09 |
| JPY | ¥272,390.92 | ¥8,757.57 | ¥8,757,558.85 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,559.51 | ¥266,956.89 |
| High | C$2,652.45 | ¥276,650.54 |
| Low | C$2,557.72 | ¥266,770.20 |
| Close | C$2,611.61 | ¥272,390.92 |