GOLD PRICE IN JAPANESE YEN — DECEMBER 4, 2007
💱 XAU/JPY · Tuesday, December 4, 2007
On Tuesday, December 4, 2007, the gold spot price was C$811.00 per troy ounce in Canadian Dollars, equivalent to ¥84,587.30 JPY per ounce or ¥2,719.54 JPY per gram. Gold rose +2.91% 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 — DECEMBER 4, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$811.00 | C$26.07 | C$26,074.22 |
| JPY | ¥84,587.30 | ¥2,719.54 | ¥2,719,540.91 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$803.61 | ¥83,816.52 |
| High | C$814.74 | ¥84,977.38 |
| Low | C$796.73 | ¥83,098.94 |
| Close | C$811.00 | ¥84,587.30 |