GOLD PRICE IN JAPANESE YEN — AUGUST 8, 2014
💱 XAU/JPY · Friday, August 8, 2014
On Friday, August 8, 2014, the gold spot price was C$1,430.80 per troy ounce in Canadian Dollars, equivalent to ¥149,232.44 JPY per ounce or ¥4,797.93 JPY per gram. Gold fell -0.01% 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 8, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,430.80 | C$46.00 | C$46,001.22 |
| JPY | ¥149,232.44 | ¥4,797.93 | ¥4,797,927.41 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,432.87 | ¥149,448.34 |
| High | C$1,444.46 | ¥150,657.18 |
| Low | C$1,429.81 | ¥149,129.18 |
| Close | C$1,430.80 | ¥149,232.44 |