GOLD PRICE IN JAPANESE YEN — MAY 23, 2014
💱 XAU/JPY · Friday, May 23, 2014
On Friday, May 23, 2014, the gold spot price was C$1,406.94 per troy ounce in Canadian Dollars, equivalent to ¥146,743.84 JPY per ounce or ¥4,717.92 JPY per gram. Gold fell -0.45% 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 23, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,406.94 | C$45.23 | C$45,234.11 |
| JPY | ¥146,743.84 | ¥4,717.92 | ¥4,717,917.24 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,408.68 | ¥146,925.32 |
| High | C$1,408.90 | ¥146,948.27 |
| Low | C$1,406.94 | ¥146,743.84 |
| Close | C$1,406.94 | ¥146,743.84 |