GOLD PRICE IN JAPANESE YEN — MARCH 19, 2012
💱 XAU/JPY · Monday, March 19, 2012
On Monday, March 19, 2012, the gold spot price was C$1,651.81 per troy ounce in Canadian Dollars, equivalent to ¥172,283.78 JPY per ounce or ¥5,539.05 JPY per gram. Gold rose +0.56% 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 19, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,651.81 | C$53.11 | C$53,106.85 |
| JPY | ¥172,283.78 | ¥5,539.05 | ¥5,539,044.22 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,646.17 | ¥171,695.53 |
| High | C$1,652.90 | ¥172,397.47 |
| Low | C$1,637.15 | ¥170,754.75 |
| Close | C$1,651.81 | ¥172,283.78 |