GOLD PRICE IN JAPANESE YEN — MARCH 16, 2022
💱 XAU/JPY · Wednesday, March 16, 2022
On Wednesday, March 16, 2022, the gold spot price was C$2,436.29 per troy ounce in Canadian Dollars, equivalent to ¥254,105.05 JPY per ounce or ¥8,169.66 JPY per gram. Gold fell -1.47% 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 16, 2022
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,436.29 | C$78.33 | C$78,328.43 |
| JPY | ¥254,105.05 | ¥8,169.66 | ¥8,169,655.13 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,454.67 | ¥256,022.08 |
| High | C$2,454.67 | ¥256,022.08 |
| Low | C$2,435.27 | ¥253,998.66 |
| Close | C$2,436.29 | ¥254,105.05 |