GOLD PRICE IN JAPANESE YEN — NOVEMBER 9, 2007
💱 XAU/JPY · Friday, November 9, 2007
On Friday, November 9, 2007, the gold spot price was C$781.38 per troy ounce in Canadian Dollars, equivalent to ¥81,497.93 JPY per ounce or ¥2,620.22 JPY per gram. Gold rose +0.08% 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 9, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$781.38 | C$25.12 | C$25,121.91 |
| JPY | ¥81,497.93 | ¥2,620.22 | ¥2,620,215.63 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$784.39 | ¥81,811.88 |
| High | C$784.48 | ¥81,821.26 |
| Low | C$780.63 | ¥81,419.71 |
| Close | C$781.38 | ¥81,497.93 |