GOLD PRICE IN JAPANESE YEN — JUNE 23, 2008
💱 XAU/JPY · Monday, June 23, 2008
On Monday, June 23, 2008, the gold spot price was C$898.43 per troy ounce in Canadian Dollars, equivalent to ¥93,706.25 JPY per ounce or ¥3,012.72 JPY per gram. Gold fell -1.96% 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 23, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$898.43 | C$28.89 | C$28,885.15 |
| JPY | ¥93,706.25 | ¥3,012.72 | ¥3,012,721.50 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$917.31 | ¥95,675.43 |
| High | C$917.31 | ¥95,675.43 |
| Low | C$892.74 | ¥93,112.78 |
| Close | C$898.43 | ¥93,706.25 |