GOLD PRICE IN JAPANESE YEN — MARCH 8, 2012
💱 XAU/JPY · Thursday, March 8, 2012
On Thursday, March 8, 2012, the gold spot price was C$1,695.04 per troy ounce in Canadian Dollars, equivalent to ¥176,792.67 JPY per ounce or ¥5,684.01 JPY per gram. Gold rose +0.59% 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 8, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,695.04 | C$54.50 | C$54,496.72 |
| JPY | ¥176,792.67 | ¥5,684.01 | ¥5,684,008.16 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,683.36 | ¥175,574.45 |
| High | C$1,699.34 | ¥177,241.16 |
| Low | C$1,683.36 | ¥175,574.45 |
| Close | C$1,695.04 | ¥176,792.67 |