GOLD PRICE IN JAPANESE YEN — JANUARY 2, 2008
💱 XAU/JPY · Wednesday, January 2, 2008
On Wednesday, January 2, 2008, the gold spot price was C$852.20 per troy ounce in Canadian Dollars, equivalent to ¥88,884.46 JPY per ounce or ¥2,857.70 JPY per gram. Gold rose +2.32% 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 — JANUARY 2, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$852.20 | C$27.40 | C$27,398.83 |
| JPY | ¥88,884.46 | ¥2,857.70 | ¥2,857,697.61 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$843.95 | ¥88,023.99 |
| High | C$853.00 | ¥88,967.90 |
| Low | C$841.66 | ¥87,785.14 |
| Close | C$852.20 | ¥88,884.46 |