GOLD PRICE IN JAPANESE YEN — JANUARY 23, 2008
💱 XAU/JPY · Wednesday, January 23, 2008
On Wednesday, January 23, 2008, the gold spot price was C$903.33 per troy ounce in Canadian Dollars, equivalent to ¥94,217.32 JPY per ounce or ¥3,029.15 JPY per gram. Gold fell -1.17% 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 23, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$903.33 | C$29.04 | C$29,042.69 |
| JPY | ¥94,217.32 | ¥3,029.15 | ¥3,029,152.76 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$905.89 | ¥94,484.33 |
| High | C$916.84 | ¥95,626.41 |
| Low | C$900.77 | ¥93,950.31 |
| Close | C$903.33 | ¥94,217.32 |