GOLD PRICE IN JAPANESE YEN — AUGUST 6, 2014
💱 XAU/JPY · Wednesday, August 6, 2014
On Wednesday, August 6, 2014, the gold spot price was C$1,432.42 per troy ounce in Canadian Dollars, equivalent to ¥149,401.41 JPY per ounce or ¥4,803.36 JPY per gram. Gold rose +2.30% 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 6, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,432.42 | C$46.05 | C$46,053.31 |
| JPY | ¥149,401.41 | ¥4,803.36 | ¥4,803,359.78 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,412.03 | ¥147,274.73 |
| High | C$1,434.94 | ¥149,664.24 |
| Low | C$1,411.70 | ¥147,240.31 |
| Close | C$1,432.42 | ¥149,401.41 |