GOLD PRICE IN JAPANESE YEN — MAY 1, 2014
💱 XAU/JPY · Thursday, May 1, 2014
On Thursday, May 1, 2014, the gold spot price was C$1,406.92 per troy ounce in Canadian Dollars, equivalent to ¥146,741.76 JPY per ounce or ¥4,717.85 JPY per gram. Gold fell -0.85% 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 — MAY 1, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,406.92 | C$45.23 | C$45,233.46 |
| JPY | ¥146,741.76 | ¥4,717.85 | ¥4,717,850.17 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,413.06 | ¥147,382.16 |
| High | C$1,413.06 | ¥147,382.16 |
| Low | C$1,401.33 | ¥146,158.72 |
| Close | C$1,406.92 | ¥146,741.76 |