HomeHistoryJPYMarch 15, 2024

GOLD PRICE IN JAPANESE YEN — MARCH 15, 2024

💱 XAU/JPY · Friday, March 15, 2024

¥304,607.11 JPY/oz
rose +0.27%

On Friday, March 15, 2024, the gold spot price was C$2,920.49 per troy ounce in Canadian Dollars, equivalent to ¥304,607.11 JPY per ounce or ¥9,793.34 JPY per gram. Gold rose +0.27% 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 15, 2024

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,920.49C$93.90C$93,895.80
JPY¥304,607.11¥9,793.34¥9,793,331.72

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,926.44¥305,227.69
HighC$2,926.44¥305,227.69
LowC$2,920.49¥304,607.11
CloseC$2,920.49¥304,607.11

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