HomeHistoryJPYMarch 28, 2024

GOLD PRICE IN JAPANESE YEN — MARCH 28, 2024

💱 XAU/JPY · Thursday, March 28, 2024

¥314,210.01 JPY/oz
rose +1.26%

On Thursday, March 28, 2024, the gold spot price was C$3,012.56 per troy ounce in Canadian Dollars, equivalent to ¥314,210.01 JPY per ounce or ¥10,102.08 JPY per gram. Gold rose +1.26% 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 28, 2024

CurrencyPer OuncePer GramPer Kilogram
🇨🇦 CAD (base)C$3,012.56C$96.86C$96,855.91
JPY¥314,210.01¥10,102.08¥10,102,071.70

SPOT OHLC (CAD)

MetricCADJPY
OpenC$2,980.23¥310,837.99
HighC$3,035.25¥316,576.58
LowC$2,971.39¥309,915.98
CloseC$3,012.56¥314,210.01

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