GOLD PRICE IN JAPANESE YEN — FEBRUARY 29, 2012
💱 XAU/JPY · Wednesday, February 29, 2012
On Wednesday, February 29, 2012, the gold spot price was C$1,699.13 per troy ounce in Canadian Dollars, equivalent to ¥177,219.26 JPY per ounce or ¥5,697.73 JPY per gram. Gold fell -4.74% 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 29, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,699.13 | C$54.63 | C$54,628.22 |
| JPY | ¥177,219.26 | ¥5,697.73 | ¥5,697,723.23 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,778.62 | ¥185,510.07 |
| High | C$1,779.12 | ¥185,562.22 |
| Low | C$1,658.49 | ¥172,980.51 |
| Close | C$1,699.13 | ¥177,219.26 |