GOLD PRICE IN JAPANESE YEN — NOVEMBER 5, 2014
💱 XAU/JPY · Wednesday, November 5, 2014
On Wednesday, November 5, 2014, the gold spot price was C$1,304.94 per troy ounce in Canadian Dollars, equivalent to ¥136,105.24 JPY per ounce or ¥4,375.88 JPY per gram. Gold fell -1.58% 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 — NOVEMBER 5, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,304.94 | C$41.95 | C$41,954.73 |
| JPY | ¥136,105.24 | ¥4,375.88 | ¥4,375,878.80 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,330.80 | ¥138,802.44 |
| High | C$1,331.49 | ¥138,874.41 |
| Low | C$1,296.28 | ¥135,202.00 |
| Close | C$1,304.94 | ¥136,105.24 |