GOLD PRICE IN JAPANESE YEN — FEBRUARY 22, 2008
💱 XAU/JPY · Friday, February 22, 2008
On Friday, February 22, 2008, the gold spot price was C$958.68 per troy ounce in Canadian Dollars, equivalent to ¥99,990.32 JPY per ounce or ¥3,214.76 JPY per gram. Gold rose +0.20% 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 22, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$958.68 | C$30.82 | C$30,822.23 |
| JPY | ¥99,990.32 | ¥3,214.76 | ¥3,214,758.91 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$958.88 | ¥100,011.18 |
| High | C$962.54 | ¥100,392.92 |
| Low | C$956.45 | ¥99,757.74 |
| Close | C$958.68 | ¥99,990.32 |