GOLD PRICE IN JAPANESE YEN — JUNE 20, 2008
💱 XAU/JPY · Friday, June 20, 2008
On Friday, June 20, 2008, the gold spot price was C$916.35 per troy ounce in Canadian Dollars, equivalent to ¥95,575.31 JPY per ounce or ¥3,072.82 JPY per gram. Gold rose +0.13% 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 20, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$916.35 | C$29.46 | C$29,461.29 |
| JPY | ¥95,575.31 | ¥3,072.82 | ¥3,072,812.96 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$918.89 | ¥95,840.23 |
| High | C$922.45 | ¥96,211.54 |
| Low | C$916.05 | ¥95,544.02 |
| Close | C$916.35 | ¥95,575.31 |