GOLD PRICE IN JAPANESE YEN — DECEMBER 19, 2007
💱 XAU/JPY · Wednesday, December 19, 2007
On Wednesday, December 19, 2007, the gold spot price was C$802.70 per troy ounce in Canadian Dollars, equivalent to ¥83,721.61 JPY per ounce or ¥2,691.71 JPY per gram. Gold fell -0.57% 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 19, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$802.70 | C$25.81 | C$25,807.37 |
| JPY | ¥83,721.61 | ¥2,691.71 | ¥2,691,708.37 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$800.80 | ¥83,523.44 |
| High | C$805.61 | ¥84,025.12 |
| Low | C$800.70 | ¥83,513.01 |
| Close | C$802.70 | ¥83,721.61 |