GOLD PRICE IN JAPANESE YEN — MARCH 20, 2024
💱 XAU/JPY · Wednesday, March 20, 2024
On Wednesday, March 20, 2024, the gold spot price was C$2,928.94 per troy ounce in Canadian Dollars, equivalent to ¥305,488.44 JPY per ounce or ¥9,821.67 JPY per gram. Gold rose +0.36% 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 20, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,928.94 | C$94.17 | C$94,167.47 |
| JPY | ¥305,488.44 | ¥9,821.67 | ¥9,821,667.25 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,928.13 | ¥305,403.96 |
| High | C$2,966.94 | ¥309,451.84 |
| Low | C$2,919.44 | ¥304,497.59 |
| Close | C$2,928.94 | ¥305,488.44 |