GOLD PRICE IN JAPANESE YEN — MAY 15, 2008
💱 XAU/JPY · Thursday, May 15, 2008
On Thursday, May 15, 2008, the gold spot price was C$878.65 per troy ounce in Canadian Dollars, equivalent to ¥91,643.19 JPY per ounce or ¥2,946.39 JPY per gram. Gold rose +1.12% 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 — MAY 15, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$878.65 | C$28.25 | C$28,249.21 |
| JPY | ¥91,643.19 | ¥2,946.39 | ¥2,946,392.87 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$865.45 | ¥90,266.44 |
| High | C$885.95 | ¥92,404.59 |
| Low | C$865.45 | ¥90,266.44 |
| Close | C$878.65 | ¥91,643.19 |