GOLD PRICE IN JAPANESE YEN — MARCH 5, 2012
💱 XAU/JPY · Monday, March 5, 2012
On Monday, March 5, 2012, the gold spot price was C$1,684.95 per troy ounce in Canadian Dollars, equivalent to ¥175,740.29 JPY per ounce or ¥5,650.18 JPY per gram. Gold rose +0.08% 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 5, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,684.95 | C$54.17 | C$54,172.32 |
| JPY | ¥175,740.29 | ¥5,650.18 | ¥5,650,173.18 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,687.42 | ¥175,997.91 |
| High | C$1,691.38 | ¥176,410.93 |
| Low | C$1,677.43 | ¥174,955.95 |
| Close | C$1,684.95 | ¥175,740.29 |