GOLD PRICE IN JAPANESE YEN — MARCH 1, 2013
💱 XAU/JPY · Friday, March 1, 2013
On Friday, March 1, 2013, the gold spot price was C$1,620.00 per troy ounce in Canadian Dollars, equivalent to ¥168,966.00 JPY per ounce or ¥5,432.38 JPY per gram. Gold rose +0.33% 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 1, 2013
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,620.00 | C$52.08 | C$52,084.13 |
| JPY | ¥168,966.00 | ¥5,432.38 | ¥5,432,375.18 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,627.94 | ¥169,794.14 |
| High | C$1,634.12 | ¥170,438.72 |
| Low | C$1,613.92 | ¥168,331.86 |
| Close | C$1,620.00 | ¥168,966.00 |