GOLD PRICE IN JAPANESE YEN — AUGUST 28, 2008
💱 XAU/JPY · Thursday, August 28, 2008
On Thursday, August 28, 2008, the gold spot price was C$873.11 per troy ounce in Canadian Dollars, equivalent to ¥91,065.37 JPY per ounce or ¥2,927.82 JPY per gram. Gold rose +0.73% 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 28, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$873.11 | C$28.07 | C$28,071.10 |
| JPY | ¥91,065.37 | ¥2,927.82 | ¥2,927,815.49 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$870.06 | ¥90,747.26 |
| High | C$885.40 | ¥92,347.22 |
| Low | C$866.38 | ¥90,363.43 |
| Close | C$873.11 | ¥91,065.37 |