GOLD PRICE IN JAPANESE YEN — MARCH 10, 2023
💱 XAU/JPY · Friday, March 10, 2023
On Friday, March 10, 2023, the gold spot price was C$2,575.33 per troy ounce in Canadian Dollars, equivalent to ¥268,606.92 JPY per ounce or ¥8,635.91 JPY per gram. Gold rose +2.02% 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 10, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,575.33 | C$82.80 | C$82,798.66 |
| JPY | ¥268,606.92 | ¥8,635.91 | ¥8,635,900.47 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,561.92 | ¥267,208.26 |
| High | C$2,584.32 | ¥269,544.58 |
| Low | C$2,561.50 | ¥267,164.45 |
| Close | C$2,575.33 | ¥268,606.92 |