GOLD PRICE IN JAPANESE YEN — JANUARY 11, 2008
💱 XAU/JPY · Friday, January 11, 2008
On Friday, January 11, 2008, the gold spot price was C$913.57 per troy ounce in Canadian Dollars, equivalent to ¥95,285.35 JPY per ounce or ¥3,063.49 JPY per gram. Gold rose +1.58% 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 11, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$913.57 | C$29.37 | C$29,371.91 |
| JPY | ¥95,285.35 | ¥3,063.49 | ¥3,063,490.73 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$907.15 | ¥94,615.75 |
| High | C$917.24 | ¥95,668.13 |
| Low | C$907.05 | ¥94,605.31 |
| Close | C$913.57 | ¥95,285.35 |