GOLD PRICE IN JAPANESE YEN — MARCH 9, 2023
💱 XAU/JPY · Thursday, March 9, 2023
On Thursday, March 9, 2023, the gold spot price was C$2,524.32 per troy ounce in Canadian Dollars, equivalent to ¥263,286.58 JPY per ounce or ¥8,464.85 JPY per gram. Gold rose +1.29% 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 9, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,524.32 | C$81.16 | C$81,158.66 |
| JPY | ¥263,286.58 | ¥8,464.85 | ¥8,464,847.72 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,506.52 | ¥261,430.04 |
| High | C$2,524.32 | ¥263,286.58 |
| Low | C$2,505.42 | ¥261,315.31 |
| Close | C$2,524.32 | ¥263,286.58 |