GOLD PRICE IN JAPANESE YEN — NOVEMBER 8, 2007
💱 XAU/JPY · Thursday, November 8, 2007
On Thursday, November 8, 2007, the gold spot price was C$780.74 per troy ounce in Canadian Dollars, equivalent to ¥81,431.18 JPY per ounce or ¥2,618.07 JPY per gram. Gold rose +0.67% 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 8, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$780.74 | C$25.10 | C$25,101.34 |
| JPY | ¥81,431.18 | ¥2,618.07 | ¥2,618,069.50 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$775.70 | ¥80,905.51 |
| High | C$786.45 | ¥82,026.74 |
| Low | C$775.70 | ¥80,905.51 |
| Close | C$780.74 | ¥81,431.18 |