GOLD PRICE IN JAPANESE YEN — MARCH 24, 2023
💱 XAU/JPY · Friday, March 24, 2023
On Friday, March 24, 2023, the gold spot price was C$2,718.85 per troy ounce in Canadian Dollars, equivalent to ¥283,576.06 JPY per ounce or ¥9,117.18 JPY per gram. Gold fell -0.58% 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 24, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,718.85 | C$87.41 | C$87,412.93 |
| JPY | ¥283,576.06 | ¥9,117.18 | ¥9,117,168.67 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,732.01 | ¥284,948.64 |
| High | C$2,737.09 | ¥285,478.49 |
| Low | C$2,718.85 | ¥283,576.06 |
| Close | C$2,718.85 | ¥283,576.06 |