GOLD PRICE IN JAPANESE YEN — MARCH 5, 2024
💱 XAU/JPY · Tuesday, March 5, 2024
On Tuesday, March 5, 2024, the gold spot price was C$2,895.59 per troy ounce in Canadian Dollars, equivalent to ¥302,010.04 JPY per ounce or ¥9,709.84 JPY per gram. Gold rose +0.89% 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 5, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,895.59 | C$93.10 | C$93,095.25 |
| JPY | ¥302,010.04 | ¥9,709.84 | ¥9,709,834.10 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,870.34 | ¥299,376.46 |
| High | C$2,895.59 | ¥302,010.04 |
| Low | C$2,865.59 | ¥298,881.04 |
| Close | C$2,895.59 | ¥302,010.04 |