GOLD PRICE IN JAPANESE YEN — MARCH 23, 2012
💱 XAU/JPY · Friday, March 23, 2012
On Friday, March 23, 2012, the gold spot price was C$1,660.14 per troy ounce in Canadian Dollars, equivalent to ¥173,152.60 JPY per ounce or ¥5,566.98 JPY per gram. Gold rose +1.91% 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 23, 2012
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,660.14 | C$53.37 | C$53,374.66 |
| JPY | ¥173,152.60 | ¥5,566.98 | ¥5,566,977.36 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,650.35 | ¥172,131.50 |
| High | C$1,662.94 | ¥173,444.64 |
| Low | C$1,644.16 | ¥171,485.89 |
| Close | C$1,660.14 | ¥173,152.60 |