GOLD PRICE IN JAPANESE YEN — MARCH 5, 2014
💱 XAU/JPY · Wednesday, March 5, 2014
On Wednesday, March 5, 2014, the gold spot price was C$1,486.01 per troy ounce in Canadian Dollars, equivalent to ¥154,990.84 JPY per ounce or ¥4,983.07 JPY per gram. Gold rose +0.26% 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 5, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,486.01 | C$47.78 | C$47,776.26 |
| JPY | ¥154,990.84 | ¥4,983.07 | ¥4,983,064.10 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,480.03 | ¥154,367.13 |
| High | C$1,486.90 | ¥155,083.67 |
| Low | C$1,480.03 | ¥154,367.13 |
| Close | C$1,486.01 | ¥154,990.84 |