GOLD PRICE IN JAPANESE YEN — JANUARY 18, 2008
💱 XAU/JPY · Friday, January 18, 2008
On Friday, January 18, 2008, the gold spot price was C$904.76 per troy ounce in Canadian Dollars, equivalent to ¥94,366.47 JPY per ounce or ¥3,033.95 JPY per gram. Gold fell -0.09% 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 18, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$904.76 | C$29.09 | C$29,088.67 |
| JPY | ¥94,366.47 | ¥3,033.95 | ¥3,033,948.00 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$895.51 | ¥93,401.69 |
| High | C$910.92 | ¥95,008.96 |
| Low | C$894.69 | ¥93,316.17 |
| Close | C$904.76 | ¥94,366.47 |