GOLD PRICE IN JAPANESE YEN — MARCH 6, 2012
💱 XAU/JPY · Tuesday, March 6, 2012
On Tuesday, March 6, 2012, the gold spot price was C$1,661.04 per troy ounce in Canadian Dollars, equivalent to ¥173,246.47 JPY per ounce or ¥5,570.00 JPY per gram. Gold fell -1.42% 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 6, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,661.04 | C$53.40 | C$53,403.60 |
| JPY | ¥173,246.47 | ¥5,570.00 | ¥5,569,995.35 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,698.11 | ¥177,112.87 |
| High | C$1,698.11 | ¥177,112.87 |
| Low | C$1,655.67 | ¥172,686.38 |
| Close | C$1,661.04 | ¥173,246.47 |