HomeHistoryJPYMarch 21, 2023

GOLD PRICE IN JAPANESE YEN — MARCH 21, 2023

💱 XAU/JPY · Tuesday, March 21, 2023

¥276,336.59 JPY/oz
fell -2.36%

On Tuesday, March 21, 2023, the gold spot price was C$2,649.44 per troy ounce in Canadian Dollars, equivalent to ¥276,336.59 JPY per ounce or ¥8,884.42 JPY per gram. Gold fell -2.36% 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 21, 2023

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,649.44C$85.18C$85,181.35
JPY¥276,336.59¥8,884.42¥8,884,414.87

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,698.38¥281,441.03
HighC$2,698.38¥281,441.03
LowC$2,649.44¥276,336.59
CloseC$2,649.44¥276,336.59

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