GOLD PRICE IN JAPANESE YEN — NOVEMBER 5, 2007
💱 XAU/JPY · Monday, November 5, 2007
On Monday, November 5, 2007, the gold spot price was C$753.88 per troy ounce in Canadian Dollars, equivalent to ¥78,629.68 JPY per ounce or ¥2,528.00 JPY per gram. Gold rose +0.14% 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 — NOVEMBER 5, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$753.88 | C$24.24 | C$24,237.77 |
| JPY | ¥78,629.68 | ¥2,528.00 | ¥2,527,999.38 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$750.61 | ¥78,288.62 |
| High | C$750.61 | ¥78,288.62 |
| Low | C$750.24 | ¥78,250.03 |
| Close | C$753.88 | ¥78,629.68 |