GOLD PRICE IN JAPANESE YEN — FEBRUARY 1, 2008
💱 XAU/JPY · Friday, February 1, 2008
On Friday, February 1, 2008, the gold spot price was C$902.88 per troy ounce in Canadian Dollars, equivalent to ¥94,170.38 JPY per ounce or ¥3,027.65 JPY per gram. Gold fell -2.28% 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 — FEBRUARY 1, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$902.88 | C$29.03 | C$29,028.22 |
| JPY | ¥94,170.38 | ¥3,027.65 | ¥3,027,643.76 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$918.88 | ¥95,839.18 |
| High | C$930.21 | ¥97,020.90 |
| Low | C$897.92 | ¥93,653.06 |
| Close | C$902.88 | ¥94,170.38 |