GOLD PRICE IN JAPANESE YEN — AUGUST 12, 2008
💱 XAU/JPY · Tuesday, August 12, 2008
On Tuesday, August 12, 2008, the gold spot price was C$861.86 per troy ounce in Canadian Dollars, equivalent to ¥89,892.00 JPY per ounce or ¥2,890.09 JPY per gram. Gold fell -1.85% 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 12, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$861.86 | C$27.71 | C$27,709.40 |
| JPY | ¥89,892.00 | ¥2,890.09 | ¥2,890,090.66 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$881.27 | ¥91,916.46 |
| High | C$881.27 | ¥91,916.46 |
| Low | C$856.96 | ¥89,380.93 |
| Close | C$861.86 | ¥89,892.00 |