GOLD PRICE IN JAPANESE YEN — FEBRUARY 8, 2008
💱 XAU/JPY · Friday, February 8, 2008
On Friday, February 8, 2008, the gold spot price was C$917.30 per troy ounce in Canadian Dollars, equivalent to ¥95,674.39 JPY per ounce or ¥3,076.00 JPY per gram. Gold rose +0.31% 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 8, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$917.30 | C$29.49 | C$29,491.84 |
| JPY | ¥95,674.39 | ¥3,076.00 | ¥3,075,998.61 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$914.20 | ¥95,351.06 |
| High | C$918.90 | ¥95,841.27 |
| Low | C$910.41 | ¥94,955.76 |
| Close | C$917.30 | ¥95,674.39 |