GOLD PRICE IN JAPANESE YEN — OCTOBER 18, 2007
💱 XAU/JPY · Thursday, October 18, 2007
On Thursday, October 18, 2007, the gold spot price was C$744.23 per troy ounce in Canadian Dollars, equivalent to ¥77,623.19 JPY per ounce or ¥2,495.64 JPY per gram. Gold rose +0.84% 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 — OCTOBER 18, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$744.23 | C$23.93 | C$23,927.52 |
| JPY | ¥77,623.19 | ¥2,495.64 | ¥2,495,639.86 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$745.89 | ¥77,796.33 |
| High | C$745.89 | ¥77,796.33 |
| Low | C$745.89 | ¥77,796.33 |
| Close | C$744.23 | ¥77,623.19 |