GOLD PRICE IN JAPANESE YEN — OCTOBER 8, 2014
💱 XAU/JPY · Wednesday, October 8, 2014
On Wednesday, October 8, 2014, the gold spot price was C$1,344.87 per troy ounce in Canadian Dollars, equivalent to ¥140,269.94 JPY per ounce or ¥4,509.78 JPY per gram. Gold fell -0.41% 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 8, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,344.87 | C$43.24 | C$43,238.51 |
| JPY | ¥140,269.94 | ¥4,509.78 | ¥4,509,776.79 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,350.34 | ¥140,840.46 |
| High | C$1,358.93 | ¥141,736.40 |
| Low | C$1,344.87 | ¥140,269.94 |
| Close | C$1,344.87 | ¥140,269.94 |