GOLD PRICE IN JAPANESE YEN — MARCH 12, 2014
💱 XAU/JPY · Wednesday, March 12, 2014
On Wednesday, March 12, 2014, the gold spot price was C$1,522.21 per troy ounce in Canadian Dollars, equivalent to ¥158,766.50 JPY per ounce or ¥5,104.46 JPY per gram. Gold rose +1.72% 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 12, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,522.21 | C$48.94 | C$48,940.12 |
| JPY | ¥158,766.50 | ¥5,104.46 | ¥5,104,454.21 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,498.66 | ¥156,310.24 |
| High | C$1,522.43 | ¥158,789.45 |
| Low | C$1,498.22 | ¥156,264.35 |
| Close | C$1,522.21 | ¥158,766.50 |