GOLD PRICE IN JAPANESE YEN — AUGUST 14, 2008
💱 XAU/JPY · Thursday, August 14, 2008
On Thursday, August 14, 2008, the gold spot price was C$861.06 per troy ounce in Canadian Dollars, equivalent to ¥89,808.56 JPY per ounce or ¥2,887.41 JPY per gram. Gold fell -1.74% 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 14, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$861.06 | C$27.68 | C$27,683.68 |
| JPY | ¥89,808.56 | ¥2,887.41 | ¥2,887,408.01 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$885.77 | ¥92,385.81 |
| High | C$886.31 | ¥92,442.13 |
| Low | C$857.65 | ¥89,452.89 |
| Close | C$861.06 | ¥89,808.56 |