GOLD PRICE IN JAPANESE YEN — NOVEMBER 12, 2007
💱 XAU/JPY · Monday, November 12, 2007
On Monday, November 12, 2007, the gold spot price was C$780.98 per troy ounce in Canadian Dollars, equivalent to ¥81,456.21 JPY per ounce or ¥2,618.88 JPY per gram. Gold fell -0.05% 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 12, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$780.98 | C$25.11 | C$25,109.05 |
| JPY | ¥81,456.21 | ¥2,618.88 | ¥2,618,874.30 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$779.14 | ¥81,264.30 |
| High | C$779.14 | ¥81,264.30 |
| Low | C$774.10 | ¥80,738.63 |
| Close | C$780.98 | ¥81,456.21 |