GOLD PRICE IN JAPANESE YEN — FEBRUARY 7, 2008
💱 XAU/JPY · Thursday, February 7, 2008
On Thursday, February 7, 2008, the gold spot price was C$914.44 per troy ounce in Canadian Dollars, equivalent to ¥95,376.09 JPY per ounce or ¥3,066.41 JPY per gram. Gold rose +0.82% 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 7, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$914.44 | C$29.40 | C$29,399.89 |
| JPY | ¥95,376.09 | ¥3,066.41 | ¥3,066,408.12 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$908.89 | ¥94,797.23 |
| High | C$917.67 | ¥95,712.98 |
| Low | C$904.65 | ¥94,355.00 |
| Close | C$914.44 | ¥95,376.09 |