GOLD PRICE IN JAPANESE YEN — AUGUST 15, 2008
💱 XAU/JPY · Friday, August 15, 2008
On Friday, August 15, 2008, the gold spot price was C$833.55 per troy ounce in Canadian Dollars, equivalent to ¥86,939.27 JPY per ounce or ¥2,795.16 JPY per gram. Gold fell -3.19% 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 15, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$833.55 | C$26.80 | C$26,799.22 |
| JPY | ¥86,939.27 | ¥2,795.16 | ¥2,795,158.23 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$845.11 | ¥88,144.97 |
| High | C$847.55 | ¥88,399.47 |
| Low | C$828.14 | ¥86,375.00 |
| Close | C$833.55 | ¥86,939.27 |