GOLD PRICE IN JAPANESE YEN — AUGUST 27, 2008
💱 XAU/JPY · Wednesday, August 27, 2008
On Wednesday, August 27, 2008, the gold spot price was C$866.77 per troy ounce in Canadian Dollars, equivalent to ¥90,404.11 JPY per ounce or ¥2,906.56 JPY per gram. Gold rose +0.60% 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 27, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$866.77 | C$27.87 | C$27,867.26 |
| JPY | ¥90,404.11 | ¥2,906.56 | ¥2,906,555.45 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$869.07 | ¥90,644.00 |
| High | C$869.07 | ¥90,644.00 |
| Low | C$863.84 | ¥90,098.51 |
| Close | C$866.77 | ¥90,404.11 |