GOLD PRICE IN JAPANESE YEN — JANUARY 5, 2007
💱 XAU/JPY · Friday, January 5, 2007
On Friday, January 5, 2007, the gold spot price was C$710.03 per troy ounce in Canadian Dollars, equivalent to ¥74,056.13 JPY per ounce or ¥2,380.96 JPY per gram. Gold fell -3.36% 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 — JANUARY 5, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$710.03 | C$22.83 | C$22,827.96 |
| JPY | ¥74,056.13 | ¥2,380.96 | ¥2,380,956.39 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$732.10 | ¥76,358.03 |
| High | C$732.10 | ¥76,358.03 |
| Low | C$724.59 | ¥75,574.74 |
| Close | C$710.03 | ¥74,056.13 |