GOLD PRICE IN JAPANESE YEN — MARCH 8, 2013
💱 XAU/JPY · Friday, March 8, 2013
On Friday, March 8, 2013, the gold spot price was C$1,622.95 per troy ounce in Canadian Dollars, equivalent to ¥169,273.69 JPY per ounce or ¥5,442.27 JPY per gram. Gold fell -0.16% 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 8, 2013
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,622.95 | C$52.18 | C$52,178.98 |
| JPY | ¥169,273.69 | ¥5,442.27 | ¥5,442,267.46 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,625.01 | ¥169,488.54 |
| High | C$1,627.69 | ¥169,768.07 |
| Low | C$1,607.72 | ¥167,685.20 |
| Close | C$1,622.95 | ¥169,273.69 |