GOLD PRICE IN JAPANESE YEN — FEBRUARY 27, 2008
💱 XAU/JPY · Wednesday, February 27, 2008
On Wednesday, February 27, 2008, the gold spot price was C$940.28 per troy ounce in Canadian Dollars, equivalent to ¥98,071.20 JPY per ounce or ¥3,153.06 JPY per gram. Gold rose +1.24% 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 27, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$940.28 | C$30.23 | C$30,230.66 |
| JPY | ¥98,071.20 | ¥3,153.06 | ¥3,153,057.86 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$942.05 | ¥98,255.81 |
| High | C$942.05 | ¥98,255.81 |
| Low | C$937.14 | ¥97,743.70 |
| Close | C$940.28 | ¥98,071.20 |