GOLD PRICE IN JAPANESE YEN — NOVEMBER 7, 2014
💱 XAU/JPY · Friday, November 7, 2014
On Friday, November 7, 2014, the gold spot price was C$1,336.42 per troy ounce in Canadian Dollars, equivalent to ¥139,388.61 JPY per ounce or ¥4,481.44 JPY per gram. Gold rose +2.68% 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 7, 2014
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,336.42 | C$42.97 | C$42,966.84 |
| JPY | ¥139,388.61 | ¥4,481.44 | ¥4,481,441.25 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,302.48 | ¥135,848.66 |
| High | C$1,336.53 | ¥139,400.08 |
| Low | C$1,294.60 | ¥135,026.78 |
| Close | C$1,336.42 | ¥139,388.61 |