GOLD PRICE IN JAPANESE YEN — MARCH 3, 2023
💱 XAU/JPY · Friday, March 3, 2023
On Friday, March 3, 2023, the gold spot price was C$2,511.91 per troy ounce in Canadian Dollars, equivalent to ¥261,992.21 JPY per ounce or ¥8,423.24 JPY per gram. Gold rose +0.81% 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 3, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,511.91 | C$80.76 | C$80,759.66 |
| JPY | ¥261,992.21 | ¥8,423.24 | ¥8,423,233.04 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,497.77 | ¥260,517.41 |
| High | C$2,522.38 | ¥263,084.23 |
| Low | C$2,497.77 | ¥260,517.41 |
| Close | C$2,511.91 | ¥261,992.21 |