GOLD PRICE IN JAPANESE YEN — FEBRUARY 24, 2012
💱 XAU/JPY · Friday, February 24, 2012
On Friday, February 24, 2012, the gold spot price was C$1,770.13 per troy ounce in Canadian Dollars, equivalent to ¥184,624.56 JPY per ounce or ¥5,935.81 JPY per gram. Gold fell -0.82% 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 — FEBRUARY 24, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,770.13 | C$56.91 | C$56,910.92 |
| JPY | ¥184,624.56 | ¥5,935.81 | ¥5,935,808.81 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,773.52 | ¥184,978.14 |
| High | C$1,775.71 | ¥185,206.55 |
| Low | C$1,766.34 | ¥184,229.26 |
| Close | C$1,770.13 | ¥184,624.56 |