GOLD PRICE IN JAPANESE YEN — DECEMBER 20, 2007
💱 XAU/JPY · Thursday, December 20, 2007
On Thursday, December 20, 2007, the gold spot price was C$799.36 per troy ounce in Canadian Dollars, equivalent to ¥83,373.25 JPY per ounce or ¥2,680.51 JPY per gram. Gold fell -0.42% 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 20, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$799.36 | C$25.70 | C$25,699.98 |
| JPY | ¥83,373.25 | ¥2,680.51 | ¥2,680,508.28 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$799.66 | ¥83,404.54 |
| High | C$800.16 | ¥83,456.69 |
| Low | C$794.36 | ¥82,851.75 |
| Close | C$799.36 | ¥83,373.25 |