GOLD PRICE IN JAPANESE YEN — FEBRUARY 28, 2012
💱 XAU/JPY · Tuesday, February 28, 2012
On Tuesday, February 28, 2012, the gold spot price was C$1,783.60 per troy ounce in Canadian Dollars, equivalent to ¥186,029.48 JPY per ounce or ¥5,980.98 JPY per gram. Gold rose +0.60% 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 28, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,783.60 | C$57.34 | C$57,343.99 |
| JPY | ¥186,029.48 | ¥5,980.98 | ¥5,980,978.00 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,764.54 | ¥184,041.52 |
| High | C$1,786.00 | ¥186,279.80 |
| Low | C$1,764.54 | ¥184,041.52 |
| Close | C$1,783.60 | ¥186,029.48 |