HomeHistoryJPYMarch 27, 2024

GOLD PRICE IN JAPANESE YEN — MARCH 27, 2024

💱 XAU/JPY · Wednesday, March 27, 2024

¥310,297.72 JPY/oz
rose +0.66%

On Wednesday, March 27, 2024, the gold spot price was C$2,975.05 per troy ounce in Canadian Dollars, equivalent to ¥310,297.72 JPY per ounce or ¥9,976.30 JPY per gram. Gold rose +0.66% 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 27, 2024

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$2,975.05C$95.65C$95,649.94
JPY¥310,297.72¥9,976.30¥9,976,288.75

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,959.84¥308,711.31
HighC$2,982.66¥311,091.44
LowC$2,949.93¥307,677.70
CloseC$2,975.05¥310,297.72

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