GOLD PRICE IN JAPANESE YEN — MARCH 31, 2023
💱 XAU/JPY · Friday, March 31, 2023
On Friday, March 31, 2023, the gold spot price was C$2,662.46 per troy ounce in Canadian Dollars, equivalent to ¥277,694.58 JPY per ounce or ¥8,928.08 JPY per gram. Gold fell -0.87% 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 31, 2023
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,662.46 | C$85.60 | C$85,599.95 |
| JPY | ¥277,694.58 | ¥8,928.08 | ¥8,928,075.07 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,679.09 | ¥279,429.09 |
| High | C$2,686.53 | ¥280,205.08 |
| Low | C$2,661.11 | ¥277,553.77 |
| Close | C$2,662.46 | ¥277,694.58 |