GOLD PRICE IN JAPANESE YEN — AUGUST 1, 2014
💱 XAU/JPY · Friday, August 1, 2014
On Friday, August 1, 2014, the gold spot price was C$1,410.71 per troy ounce in Canadian Dollars, equivalent to ¥147,137.05 JPY per ounce or ¥4,730.56 JPY per gram. Gold rose +0.94% 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 — AUGUST 1, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,410.71 | C$45.36 | C$45,355.31 |
| JPY | ¥147,137.05 | ¥4,730.56 | ¥4,730,559.25 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,400.35 | ¥146,056.50 |
| High | C$1,413.98 | ¥147,478.11 |
| Low | C$1,395.55 | ¥145,555.87 |
| Close | C$1,410.71 | ¥147,137.05 |