GOLD PRICE IN JAPANESE YEN — JUNE 2, 2014
💱 XAU/JPY · Monday, June 2, 2014
On Monday, June 2, 2014, the gold spot price was C$1,348.54 per troy ounce in Canadian Dollars, equivalent to ¥140,652.72 JPY per ounce or ¥4,522.09 JPY per gram. Gold fell -0.10% 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 — JUNE 2, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,348.54 | C$43.36 | C$43,356.50 |
| JPY | ¥140,652.72 | ¥4,522.09 | ¥4,522,083.47 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,355.38 | ¥141,366.13 |
| High | C$1,356.13 | ¥141,444.36 |
| Low | C$1,345.51 | ¥140,336.69 |
| Close | C$1,348.54 | ¥140,652.72 |