GOLD PRICE IN JAPANESE YEN — FEBRUARY 8, 2007
💱 XAU/JPY · Thursday, February 8, 2007
On Thursday, February 8, 2007, the gold spot price was C$778.28 per troy ounce in Canadian Dollars, equivalent to ¥81,174.60 JPY per ounce or ¥2,609.82 JPY per gram. Gold rose +0.72% 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 — FEBRUARY 8, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$778.28 | C$25.02 | C$25,022.25 |
| JPY | ¥81,174.60 | ¥2,609.82 | ¥2,609,820.34 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$768.82 | ¥80,187.93 |
| High | C$779.82 | ¥81,335.23 |
| Low | C$767.76 | ¥80,077.37 |
| Close | C$778.28 | ¥81,174.60 |