GOLD PRICE IN JAPANESE YEN — MARCH 20, 2012
💱 XAU/JPY · Tuesday, March 20, 2012
On Tuesday, March 20, 2012, the gold spot price was C$1,626.28 per troy ounce in Canadian Dollars, equivalent to ¥169,621.00 JPY per ounce or ¥5,453.44 JPY per gram. Gold fell -1.55% 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 20, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,626.28 | C$52.29 | C$52,286.04 |
| JPY | ¥169,621.00 | ¥5,453.44 | ¥5,453,434.01 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,627.66 | ¥169,764.94 |
| High | C$1,631.81 | ¥170,197.78 |
| Low | C$1,621.64 | ¥169,137.05 |
| Close | C$1,626.28 | ¥169,621.00 |