GOLD PRICE IN JAPANESE YEN — JANUARY 4, 2008
💱 XAU/JPY · Friday, January 4, 2008
On Friday, January 4, 2008, the gold spot price was C$862.06 per troy ounce in Canadian Dollars, equivalent to ¥89,912.86 JPY per ounce or ¥2,890.76 JPY per gram. Gold rose +0.63% 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 4, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$862.06 | C$27.72 | C$27,715.83 |
| JPY | ¥89,912.86 | ¥2,890.76 | ¥2,890,761.32 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$860.37 | ¥89,736.59 |
| High | C$864.46 | ¥90,163.18 |
| Low | C$859.17 | ¥89,611.43 |
| Close | C$862.06 | ¥89,912.86 |