GOLD PRICE IN JAPANESE YEN — MAY 8, 2014
💱 XAU/JPY · Thursday, May 8, 2014
On Thursday, May 8, 2014, the gold spot price was C$1,403.01 per troy ounce in Canadian Dollars, equivalent to ¥146,333.94 JPY per ounce or ¥4,704.74 JPY per gram. Gold fell -0.01% 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 8, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,403.01 | C$45.11 | C$45,107.75 |
| JPY | ¥146,333.94 | ¥4,704.74 | ¥4,704,738.70 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,407.48 | ¥146,800.16 |
| High | C$1,407.48 | ¥146,800.16 |
| Low | C$1,400.94 | ¥146,118.04 |
| Close | C$1,403.01 | ¥146,333.94 |