GOLD PRICE IN JAPANESE YEN — JANUARY 31, 2007
💱 XAU/JPY · Wednesday, January 31, 2007
On Wednesday, January 31, 2007, the gold spot price was C$766.23 per troy ounce in Canadian Dollars, equivalent to ¥79,917.79 JPY per ounce or ¥2,569.41 JPY per gram. Gold rose +0.88% 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 31, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$766.23 | C$24.63 | C$24,634.83 |
| JPY | ¥79,917.79 | ¥2,569.41 | ¥2,569,412.86 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$759.77 | ¥79,244.01 |
| High | C$770.34 | ¥80,346.46 |
| Low | C$754.24 | ¥78,667.23 |
| Close | C$766.23 | ¥79,917.79 |