GOLD PRICE IN JAPANESE YEN — JANUARY 24, 2014
💱 XAU/JPY · Friday, January 24, 2014
On Friday, January 24, 2014, the gold spot price was C$1,405.23 per troy ounce in Canadian Dollars, equivalent to ¥146,565.49 JPY per ounce or ¥4,712.19 JPY per gram. Gold rose +0.25% 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 24, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,405.23 | C$45.18 | C$45,179.13 |
| JPY | ¥146,565.49 | ¥4,712.19 | ¥4,712,183.07 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,398.34 | ¥145,846.86 |
| High | C$1,410.67 | ¥147,132.88 |
| Low | C$1,398.34 | ¥145,846.86 |
| Close | C$1,405.23 | ¥146,565.49 |