GOLD PRICE IN JAPANESE YEN — MAY 7, 2015
💱 XAU/JPY · Thursday, May 7, 2015
On Thursday, May 7, 2015, the gold spot price was C$1,423.37 per troy ounce in Canadian Dollars, equivalent to ¥148,457.49 JPY per ounce or ¥4,773.02 JPY per gram. Gold fell -0.93% 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 — MAY 7, 2015
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,423.37 | C$45.76 | C$45,762.34 |
| JPY | ¥148,457.49 | ¥4,773.02 | ¥4,773,012.26 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,422.29 | ¥148,344.85 |
| High | C$1,427.71 | ¥148,910.15 |
| Low | C$1,420.12 | ¥148,118.52 |
| Close | C$1,423.37 | ¥148,457.49 |