GOLD PRICE IN JAPANESE YEN — DECEMBER 17, 2007
💱 XAU/JPY · Monday, December 17, 2007
On Monday, December 17, 2007, the gold spot price was C$799.09 per troy ounce in Canadian Dollars, equivalent to ¥83,345.09 JPY per ounce or ¥2,679.60 JPY per gram. Gold fell -0.58% 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 17, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$799.09 | C$25.69 | C$25,691.30 |
| JPY | ¥83,345.09 | ¥2,679.60 | ¥2,679,602.89 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$797.78 | ¥83,208.45 |
| High | C$798.79 | ¥83,313.80 |
| Low | C$792.66 | ¥82,674.44 |
| Close | C$799.09 | ¥83,345.09 |