GOLD PRICE IN JAPANESE YEN — MARCH 16, 2007
💱 XAU/JPY · Friday, March 16, 2007
On Friday, March 16, 2007, the gold spot price was C$767.20 per troy ounce in Canadian Dollars, equivalent to ¥80,018.96 JPY per ounce or ¥2,572.67 JPY per gram. Gold rose +1.05% 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 — MARCH 16, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$767.20 | C$24.67 | C$24,666.02 |
| JPY | ¥80,018.96 | ¥2,572.67 | ¥2,572,665.58 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$767.55 | ¥80,055.47 |
| High | C$767.55 | ¥80,055.47 |
| Low | C$767.31 | ¥80,030.43 |
| Close | C$767.20 | ¥80,018.96 |