GOLD PRICE IN JAPANESE YEN — JANUARY 8, 2014
💱 XAU/JPY · Wednesday, January 8, 2014
On Wednesday, January 8, 2014, the gold spot price was C$1,320.02 per troy ounce in Canadian Dollars, equivalent to ¥137,678.09 JPY per ounce or ¥4,426.45 JPY per gram. Gold rose +0.71% 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 8, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,320.02 | C$42.44 | C$42,439.57 |
| JPY | ¥137,678.09 | ¥4,426.45 | ¥4,426,446.84 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,322.39 | ¥137,925.28 |
| High | C$1,322.39 | ¥137,925.28 |
| Low | C$1,312.80 | ¥136,925.04 |
| Close | C$1,320.02 | ¥137,678.09 |