GOLD PRICE IN JAPANESE YEN — MARCH 9, 2012
💱 XAU/JPY · Friday, March 9, 2012
On Friday, March 9, 2012, the gold spot price was C$1,694.30 per troy ounce in Canadian Dollars, equivalent to ¥176,715.49 JPY per ounce or ¥5,681.53 JPY per gram. Gold fell -0.04% 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 9, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,694.30 | C$54.47 | C$54,472.93 |
| JPY | ¥176,715.49 | ¥5,681.53 | ¥5,681,526.70 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,682.32 | ¥175,465.98 |
| High | C$1,694.30 | ¥176,715.49 |
| Low | C$1,664.40 | ¥173,596.92 |
| Close | C$1,694.30 | ¥176,715.49 |