GOLD PRICE IN JAPANESE YEN — MARCH 4, 2024
💱 XAU/JPY · Monday, March 4, 2024
On Monday, March 4, 2024, the gold spot price was C$2,869.99 per troy ounce in Canadian Dollars, equivalent to ¥299,339.96 JPY per ounce or ¥9,624.00 JPY per gram. Gold rose +1.32% 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 4, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,869.99 | C$92.27 | C$92,272.19 |
| JPY | ¥299,339.96 | ¥9,624.00 | ¥9,623,989.16 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,823.78 | ¥294,520.25 |
| High | C$2,872.84 | ¥299,637.21 |
| Low | C$2,819.85 | ¥294,110.36 |
| Close | C$2,869.99 | ¥299,339.96 |