GOLD PRICE IN JAPANESE YEN — DECEMBER 11, 2007
💱 XAU/JPY · Tuesday, December 11, 2007
On Tuesday, December 11, 2007, the gold spot price was C$821.06 per troy ounce in Canadian Dollars, equivalent to ¥85,636.56 JPY per ounce or ¥2,753.28 JPY per gram. Gold rose +1.05% 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 — DECEMBER 11, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$821.06 | C$26.40 | C$26,397.65 |
| JPY | ¥85,636.56 | ¥2,753.28 | ¥2,753,275.29 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$817.72 | ¥85,288.20 |
| High | C$821.66 | ¥85,699.14 |
| Low | C$805.47 | ¥84,010.52 |
| Close | C$821.06 | ¥85,636.56 |