GOLD PRICE IN JAPANESE YEN — OCTOBER 7, 2014
💱 XAU/JPY · Tuesday, October 7, 2014
On Tuesday, October 7, 2014, the gold spot price was C$1,350.38 per troy ounce in Canadian Dollars, equivalent to ¥140,844.63 JPY per ounce or ¥4,528.26 JPY per gram. Gold fell -0.61% 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 — OCTOBER 7, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,350.38 | C$43.42 | C$43,415.66 |
| JPY | ¥140,844.63 | ¥4,528.26 | ¥4,528,253.57 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,347.48 | ¥140,542.16 |
| High | C$1,350.38 | ¥140,844.63 |
| Low | C$1,343.25 | ¥140,100.98 |
| Close | C$1,350.38 | ¥140,844.63 |