GOLD PRICE IN JAPANESE YEN — AUGUST 22, 2008
💱 XAU/JPY · Friday, August 22, 2008
On Friday, August 22, 2008, the gold spot price was C$864.88 per troy ounce in Canadian Dollars, equivalent to ¥90,206.98 JPY per ounce or ¥2,900.22 JPY per gram. Gold fell -0.58% 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 22, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$864.88 | C$27.81 | C$27,806.50 |
| JPY | ¥90,206.98 | ¥2,900.22 | ¥2,900,217.68 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$870.00 | ¥90,741.00 |
| High | C$874.50 | ¥91,210.35 |
| Low | C$860.39 | ¥89,738.68 |
| Close | C$864.88 | ¥90,206.98 |