GOLD PRICE IN JAPANESE YEN — MARCH 12, 2012
💱 XAU/JPY · Monday, March 12, 2012
On Monday, March 12, 2012, the gold spot price was C$1,682.72 per troy ounce in Canadian Dollars, equivalent to ¥175,507.70 JPY per ounce or ¥5,642.70 JPY per gram. Gold fell -0.68% 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 12, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,682.72 | C$54.10 | C$54,100.63 |
| JPY | ¥175,507.70 | ¥5,642.70 | ¥5,642,695.28 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,691.53 | ¥176,426.58 |
| High | C$1,691.53 | ¥176,426.58 |
| Low | C$1,678.46 | ¥175,063.38 |
| Close | C$1,682.72 | ¥175,507.70 |