GOLD PRICE IN JAPANESE YEN — AUGUST 8, 2008
💱 XAU/JPY · Friday, August 8, 2008
On Friday, August 8, 2008, the gold spot price was C$915.53 per troy ounce in Canadian Dollars, equivalent to ¥95,489.78 JPY per ounce or ¥3,070.07 JPY per gram. Gold fell -0.05% 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 — AUGUST 8, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$915.53 | C$29.43 | C$29,434.93 |
| JPY | ¥95,489.78 | ¥3,070.07 | ¥3,070,063.24 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$927.27 | ¥96,714.26 |
| High | C$928.02 | ¥96,792.49 |
| Low | C$908.38 | ¥94,744.03 |
| Close | C$915.53 | ¥95,489.78 |