GOLD PRICE IN JAPANESE YEN — JANUARY 7, 2009
💱 XAU/JPY · Wednesday, January 7, 2009
On Wednesday, January 7, 2009, the gold spot price was C$1,006.12 per troy ounce in Canadian Dollars, equivalent to ¥104,938.32 JPY per ounce or ¥3,373.84 JPY per gram. Gold fell -1.82% 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 — JANUARY 7, 2009
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,006.12 | C$32.35 | C$32,347.46 |
| JPY | ¥104,938.32 | ¥3,373.84 | ¥3,373,840.32 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,031.12 | ¥107,545.82 |
| High | C$1,037.11 | ¥108,170.57 |
| Low | C$1,002.06 | ¥104,514.86 |
| Close | C$1,006.12 | ¥104,938.32 |