GOLD PRICE IN JAPANESE YEN — MARCH 12, 2020
💱 XAU/JPY · Thursday, March 12, 2020
On Thursday, March 12, 2020, the gold spot price was C$2,188.94 per troy ounce in Canadian Dollars, equivalent to ¥228,306.44 JPY per ounce or ¥7,340.22 JPY per gram. Gold fell -2.88% 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, 2020
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,188.94 | C$70.38 | C$70,375.95 |
| JPY | ¥228,306.44 | ¥7,340.22 | ¥7,340,211.92 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,254.64 | ¥235,158.95 |
| High | C$2,269.10 | ¥236,667.13 |
| Low | C$2,157.40 | ¥225,016.82 |
| Close | C$2,188.94 | ¥228,306.44 |