GOLD PRICE IN JAPANESE YEN — MARCH 1, 2011
💱 XAU/JPY · Tuesday, March 1, 2011
On Tuesday, March 1, 2011, the gold spot price was C$1,389.37 per troy ounce in Canadian Dollars, equivalent to ¥144,911.29 JPY per ounce or ¥4,659.00 JPY per gram. Gold rose +0.84% 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 1, 2011
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,389.37 | C$44.67 | C$44,669.22 |
| JPY | ¥144,911.29 | ¥4,659.00 | ¥4,658,999.44 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,374.41 | ¥143,350.96 |
| High | C$1,392.96 | ¥145,285.73 |
| Low | C$1,374.41 | ¥143,350.96 |
| Close | C$1,389.37 | ¥144,911.29 |