HomeHistoryJPYMarch 22, 2024

GOLD PRICE IN JAPANESE YEN — MARCH 22, 2024

💱 XAU/JPY · Friday, March 22, 2024

¥304,478.82 JPY/oz
fell -0.71%

On Friday, March 22, 2024, the gold spot price was C$2,919.26 per troy ounce in Canadian Dollars, equivalent to ¥304,478.82 JPY per ounce or ¥9,789.21 JPY per gram. Gold fell -0.71% 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 22, 2024

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,919.26C$93.86C$93,856.25
JPY¥304,478.82¥9,789.21¥9,789,207.13

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,947.80¥307,455.54
HighC$2,948.35¥307,512.90
LowC$2,918.45¥304,394.33
CloseC$2,919.26¥304,478.82

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