GOLD PRICE IN JAPANESE YEN — JANUARY 3, 2008
💱 XAU/JPY · Thursday, January 3, 2008
On Thursday, January 3, 2008, the gold spot price was C$856.70 per troy ounce in Canadian Dollars, equivalent to ¥89,353.81 JPY per ounce or ¥2,872.79 JPY per gram. Gold rose +0.53% 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 3, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$856.70 | C$27.54 | C$27,543.50 |
| JPY | ¥89,353.81 | ¥2,872.79 | ¥2,872,787.54 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$853.33 | ¥89,002.32 |
| High | C$855.81 | ¥89,260.98 |
| Low | C$846.71 | ¥88,311.85 |
| Close | C$856.70 | ¥89,353.81 |