GOLD PRICE IN JAPANESE YEN — AUGUST 24, 2007
💱 XAU/JPY · Friday, August 24, 2007
On Friday, August 24, 2007, the gold spot price was C$702.80 per troy ounce in Canadian Dollars, equivalent to ¥73,302.04 JPY per ounce or ¥2,356.71 JPY per gram. Gold rose +1.14% 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 — AUGUST 24, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$702.80 | C$22.60 | C$22,595.51 |
| JPY | ¥73,302.04 | ¥2,356.71 | ¥2,356,711.90 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$696.60 | ¥72,655.38 |
| High | C$703.64 | ¥73,389.65 |
| Low | C$696.60 | ¥72,655.38 |
| Close | C$702.80 | ¥73,302.04 |