GOLD PRICE IN JAPANESE YEN — FEBRUARY 6, 2008
💱 XAU/JPY · Wednesday, February 6, 2008
On Wednesday, February 6, 2008, the gold spot price was C$907.00 per troy ounce in Canadian Dollars, equivalent to ¥94,600.10 JPY per ounce or ¥3,041.46 JPY per gram. Gold rose +1.57% 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 6, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$907.00 | C$29.16 | C$29,160.68 |
| JPY | ¥94,600.10 | ¥3,041.46 | ¥3,041,459.44 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$894.12 | ¥93,256.72 |
| High | C$916.37 | ¥95,577.39 |
| Low | C$893.71 | ¥93,213.95 |
| Close | C$907.00 | ¥94,600.10 |