GOLD PRICE IN JAPANESE YEN — MARCH 12, 2008
💱 XAU/JPY · Wednesday, March 12, 2008
On Wednesday, March 12, 2008, the gold spot price was C$969.21 per troy ounce in Canadian Dollars, equivalent to ¥101,088.60 JPY per ounce or ¥3,250.07 JPY per gram. Gold rose +0.34% 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 12, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$969.21 | C$31.16 | C$31,160.78 |
| JPY | ¥101,088.60 | ¥3,250.07 | ¥3,250,069.35 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$964.06 | ¥100,551.46 |
| High | C$969.70 | ¥101,139.71 |
| Low | C$963.96 | ¥100,541.03 |
| Close | C$969.21 | ¥101,088.60 |