GOLD PRICE IN JAPANESE YEN — JANUARY 7, 2008
💱 XAU/JPY · Monday, January 7, 2008
On Monday, January 7, 2008, the gold spot price was C$864.33 per troy ounce in Canadian Dollars, equivalent to ¥90,149.62 JPY per ounce or ¥2,898.38 JPY per gram. Gold rose +0.26% 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 7, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$864.33 | C$27.79 | C$27,788.81 |
| JPY | ¥90,149.62 | ¥2,898.38 | ¥2,898,373.36 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$865.63 | ¥90,285.21 |
| High | C$865.63 | ¥90,285.21 |
| Low | C$862.12 | ¥89,919.12 |
| Close | C$864.33 | ¥90,149.62 |