GOLD PRICE IN JAPANESE YEN — MAY 7, 2014
💱 XAU/JPY · Wednesday, May 7, 2014
On Wednesday, May 7, 2014, the gold spot price was C$1,403.16 per troy ounce in Canadian Dollars, equivalent to ¥146,349.59 JPY per ounce or ¥4,705.25 JPY per gram. Gold fell -2.13% 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 7, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,403.16 | C$45.11 | C$45,112.58 |
| JPY | ¥146,349.59 | ¥4,705.25 | ¥4,705,241.70 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,426.79 | ¥148,814.20 |
| High | C$1,428.64 | ¥149,007.15 |
| Low | C$1,402.50 | ¥146,280.75 |
| Close | C$1,403.16 | ¥146,349.59 |