GOLD PRICE IN JAPANESE YEN — OCTOBER 16, 2014
💱 XAU/JPY · Thursday, October 16, 2014
On Thursday, October 16, 2014, the gold spot price was C$1,397.31 per troy ounce in Canadian Dollars, equivalent to ¥145,739.43 JPY per ounce or ¥4,685.63 JPY per gram. Gold fell -0.74% 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 16, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,397.31 | C$44.92 | C$44,924.49 |
| JPY | ¥145,739.43 | ¥4,685.63 | ¥4,685,624.79 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,399.11 | ¥145,927.17 |
| High | C$1,400.13 | ¥146,033.56 |
| Low | C$1,393.03 | ¥145,293.03 |
| Close | C$1,397.31 | ¥145,739.43 |