GOLD PRICE IN JAPANESE YEN — JANUARY 7, 2014
💱 XAU/JPY · Tuesday, January 7, 2014
On Tuesday, January 7, 2014, the gold spot price was C$1,310.65 per troy ounce in Canadian Dollars, equivalent to ¥136,700.80 JPY per ounce or ¥4,395.03 JPY per gram. Gold fell -0.39% 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 — JANUARY 7, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,310.65 | C$42.14 | C$42,138.31 |
| JPY | ¥136,700.80 | ¥4,395.03 | ¥4,395,026.25 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,321.21 | ¥137,802.20 |
| High | C$1,324.51 | ¥138,146.39 |
| Low | C$1,307.35 | ¥136,356.60 |
| Close | C$1,310.65 | ¥136,700.80 |