GOLD PRICE IN JAPANESE YEN — MARCH 12, 2024
💱 XAU/JPY · Tuesday, March 12, 2024
On Tuesday, March 12, 2024, the gold spot price was C$2,911.68 per troy ounce in Canadian Dollars, equivalent to ¥303,688.22 JPY per ounce or ¥9,763.80 JPY per gram. Gold fell -1.06% 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, 2024
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$2,911.68 | C$93.61 | C$93,612.55 |
| JPY | ¥303,688.22 | ¥9,763.80 | ¥9,763,788.98 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$2,941.46 | ¥306,794.28 |
| High | C$2,941.73 | ¥306,822.44 |
| Low | C$2,911.68 | ¥303,688.22 |
| Close | C$2,911.68 | ¥303,688.22 |