GOLD PRICE IN JAPANESE YEN — MARCH 2, 2012
💱 XAU/JPY · Friday, March 2, 2012
On Friday, March 2, 2012, the gold spot price was C$1,683.60 per troy ounce in Canadian Dollars, equivalent to ¥175,599.48 JPY per ounce or ¥5,645.65 JPY per gram. Gold fell -1.03% 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 2, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,683.60 | C$54.13 | C$54,128.92 |
| JPY | ¥175,599.48 | ¥5,645.65 | ¥5,645,646.20 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,697.59 | ¥177,058.64 |
| High | C$1,697.59 | ¥177,058.64 |
| Low | C$1,680.05 | ¥175,229.22 |
| Close | C$1,683.60 | ¥175,599.48 |