GOLD PRICE IN JAPANESE YEN — JUNE 11, 2008
💱 XAU/JPY · Wednesday, June 11, 2008
On Wednesday, June 11, 2008, the gold spot price was C$896.85 per troy ounce in Canadian Dollars, equivalent to ¥93,541.46 JPY per ounce or ¥3,007.43 JPY per gram. Gold rose +1.09% 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 — JUNE 11, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$896.85 | C$28.83 | C$28,834.36 |
| JPY | ¥93,541.46 | ¥3,007.43 | ¥3,007,423.26 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$886.46 | ¥92,457.78 |
| High | C$899.20 | ¥93,786.56 |
| Low | C$886.46 | ¥92,457.78 |
| Close | C$896.85 | ¥93,541.46 |