HomeHistoryJPYMarch 13, 2024

GOLD PRICE IN JAPANESE YEN — MARCH 13, 2024

💱 XAU/JPY · Wednesday, March 13, 2024

¥306,150.75 JPY/oz
rose +0.81%

On Wednesday, March 13, 2024, the gold spot price was C$2,935.29 per troy ounce in Canadian Dollars, equivalent to ¥306,150.75 JPY per ounce or ¥9,842.97 JPY per gram. Gold rose +0.81% 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 13, 2024

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,935.29C$94.37C$94,371.63
JPY¥306,150.75¥9,842.97¥9,842,960.82

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,917.88¥304,334.88
HighC$2,935.29¥306,150.75
LowC$2,917.88¥304,334.88
CloseC$2,935.29¥306,150.75

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