GOLD PRICE IN JAPANESE YEN — AUGUST 4, 2014
💱 XAU/JPY · Monday, August 4, 2014
On Monday, August 4, 2014, the gold spot price was C$1,406.37 per troy ounce in Canadian Dollars, equivalent to ¥146,684.39 JPY per ounce or ¥4,716.01 JPY per gram. Gold fell -0.31% 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 4, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,406.37 | C$45.22 | C$45,215.78 |
| JPY | ¥146,684.39 | ¥4,716.01 | ¥4,716,005.85 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,413.69 | ¥147,447.87 |
| High | C$1,414.35 | ¥147,516.71 |
| Low | C$1,404.41 | ¥146,479.96 |
| Close | C$1,406.37 | ¥146,684.39 |