GOLD PRICE IN JAPANESE YEN — MARCH 15, 2012
💱 XAU/JPY · Thursday, March 15, 2012
On Thursday, March 15, 2012, the gold spot price was C$1,648.65 per troy ounce in Canadian Dollars, equivalent to ¥171,954.20 JPY per ounce or ¥5,528.45 JPY per gram. Gold rose +1.57% 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 15, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,648.65 | C$53.01 | C$53,005.25 |
| JPY | ¥171,954.20 | ¥5,528.45 | ¥5,528,447.74 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,635.93 | ¥170,627.50 |
| High | C$1,649.74 | ¥172,067.88 |
| Low | C$1,629.67 | ¥169,974.58 |
| Close | C$1,648.65 | ¥171,954.20 |