GOLD PRICE IN JAPANESE YEN — FEBRUARY 5, 2008
💱 XAU/JPY · Tuesday, February 5, 2008
On Tuesday, February 5, 2008, the gold spot price was C$892.99 per troy ounce in Canadian Dollars, equivalent to ¥93,138.86 JPY per ounce or ¥2,994.48 JPY per gram. Gold fell -0.71% 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 5, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$892.99 | C$28.71 | C$28,710.25 |
| JPY | ¥93,138.86 | ¥2,994.48 | ¥2,994,479.45 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$912.34 | ¥95,157.06 |
| High | C$912.44 | ¥95,167.49 |
| Low | C$891.78 | ¥93,012.65 |
| Close | C$892.99 | ¥93,138.86 |