HomeHistoryJPYMarch 21, 2024

GOLD PRICE IN JAPANESE YEN — MARCH 21, 2024

💱 XAU/JPY · Thursday, March 21, 2024

¥306,653.47 JPY/oz
rose +0.38%

On Thursday, March 21, 2024, the gold spot price was C$2,940.11 per troy ounce in Canadian Dollars, equivalent to ¥306,653.47 JPY per ounce or ¥9,859.13 JPY per gram. Gold rose +0.38% 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 21, 2024

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,940.11C$94.53C$94,526.59
JPY¥306,653.47¥9,859.13¥9,859,123.81

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,973.25¥310,109.98
HighC$2,979.45¥310,756.63
LowC$2,940.11¥306,653.47
CloseC$2,940.11¥306,653.47

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