GOLD PRICE IN JAPANESE YEN — MARCH 20, 2023
💱 XAU/JPY · Monday, March 20, 2023
On Monday, March 20, 2023, the gold spot price was C$2,713.44 per troy ounce in Canadian Dollars, equivalent to ¥283,011.79 JPY per ounce or ¥9,099.03 JPY per gram. Gold rose +0.41% 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 20, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,713.44 | C$87.24 | C$87,239.00 |
| JPY | ¥283,011.79 | ¥9,099.03 | ¥9,099,027.22 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,725.92 | ¥284,313.46 |
| High | C$2,747.31 | ¥286,544.43 |
| Low | C$2,699.32 | ¥281,539.08 |
| Close | C$2,713.44 | ¥283,011.79 |