GOLD PRICE IN JAPANESE YEN — MARCH 11, 2024
💱 XAU/JPY · Monday, March 11, 2024
On Monday, March 11, 2024, the gold spot price was C$2,942.99 per troy ounce in Canadian Dollars, equivalent to ¥306,953.86 JPY per ounce or ¥9,868.79 JPY per gram. Gold rose +0.42% 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 11, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,942.99 | C$94.62 | C$94,619.19 |
| JPY | ¥306,953.86 | ¥9,868.79 | ¥9,868,781.37 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,940.97 | ¥306,743.17 |
| High | C$2,945.01 | ¥307,164.54 |
| Low | C$2,935.85 | ¥306,209.15 |
| Close | C$2,942.99 | ¥306,953.86 |