GOLD PRICE IN JAPANESE YEN — MARCH 1, 2012
💱 XAU/JPY · Thursday, March 1, 2012
On Thursday, March 1, 2012, the gold spot price was C$1,701.14 per troy ounce in Canadian Dollars, equivalent to ¥177,428.90 JPY per ounce or ¥5,704.47 JPY per gram. Gold rose +0.12% 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, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,701.14 | C$54.69 | C$54,692.84 |
| JPY | ¥177,428.90 | ¥5,704.47 | ¥5,704,463.40 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,678.90 | ¥175,109.27 |
| High | C$1,704.59 | ¥177,788.74 |
| Low | C$1,678.90 | ¥175,109.27 |
| Close | C$1,701.14 | ¥177,428.90 |