GOLD PRICE IN JAPANESE YEN — JANUARY 31, 2014
💱 XAU/JPY · Friday, January 31, 2014
On Friday, January 31, 2014, the gold spot price was C$1,383.44 per troy ounce in Canadian Dollars, equivalent to ¥144,292.79 JPY per ounce or ¥4,639.12 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 31, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,383.44 | C$44.48 | C$44,478.56 |
| JPY | ¥144,292.79 | ¥4,639.12 | ¥4,639,114.27 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,387.35 | ¥144,700.60 |
| High | C$1,399.51 | ¥145,968.89 |
| Low | C$1,381.55 | ¥144,095.66 |
| Close | C$1,383.44 | ¥144,292.79 |