GOLD PRICE IN JAPANESE YEN — DECEMBER 24, 2007
💱 XAU/JPY · Monday, December 24, 2007
On Monday, December 24, 2007, the gold spot price was C$800.61 per troy ounce in Canadian Dollars, equivalent to ¥83,503.62 JPY per ounce or ¥2,684.70 JPY per gram. Gold fell -0.78% 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 24, 2007
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$800.61 | C$25.74 | C$25,740.17 |
| JPY | ¥83,503.62 | ¥2,684.70 | ¥2,684,699.93 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$799.33 | ¥83,370.12 |
| High | C$801.89 | ¥83,637.13 |
| Low | C$797.65 | ¥83,194.89 |
| Close | C$800.61 | ¥83,503.62 |