GOLD PRICE IN JAPANESE YEN — MARCH 7, 2014
💱 XAU/JPY · Friday, March 7, 2014
On Friday, March 7, 2014, the gold spot price was C$1,470.00 per troy ounce in Canadian Dollars, equivalent to ¥153,321.00 JPY per ounce or ¥4,929.38 JPY per gram. Gold fell -1.39% 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 — MARCH 7, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,470.00 | C$47.26 | C$47,261.53 |
| JPY | ¥153,321.00 | ¥4,929.38 | ¥4,929,377.47 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,482.52 | ¥154,626.84 |
| High | C$1,486.04 | ¥154,993.97 |
| Low | C$1,460.22 | ¥152,300.95 |
| Close | C$1,470.00 | ¥153,321.00 |