GOLD PRICE IN JAPANESE YEN — MARCH 17, 2023
💱 XAU/JPY · Friday, March 17, 2023
On Friday, March 17, 2023, the gold spot price was C$2,702.39 per troy ounce in Canadian Dollars, equivalent to ¥281,859.28 JPY per ounce or ¥9,061.98 JPY per gram. Gold rose +2.31% 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 17, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,702.39 | C$86.88 | C$86,883.73 |
| JPY | ¥281,859.28 | ¥9,061.98 | ¥9,061,973.06 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,669.74 | ¥278,453.88 |
| High | C$2,723.38 | ¥284,048.53 |
| Low | C$2,669.74 | ¥278,453.88 |
| Close | C$2,702.39 | ¥281,859.28 |