GOLD PRICE IN JAPANESE YEN — JANUARY 28, 2008
💱 XAU/JPY · Monday, January 28, 2008
On Monday, January 28, 2008, the gold spot price was C$931.36 per troy ounce in Canadian Dollars, equivalent to ¥97,140.85 JPY per ounce or ¥3,123.15 JPY per gram. Gold rose +1.87% 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 28, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$931.36 | C$29.94 | C$29,943.88 |
| JPY | ¥97,140.85 | ¥3,123.15 | ¥3,123,146.26 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$920.82 | ¥96,041.53 |
| High | C$926.24 | ¥96,606.83 |
| Low | C$918.71 | ¥95,821.45 |
| Close | C$931.36 | ¥97,140.85 |