GOLD PRICE IN JAPANESE YEN — SEPTEMBER 2, 2008
💱 XAU/JPY · Tuesday, September 2, 2008
On Tuesday, September 2, 2008, the gold spot price was C$859.34 per troy ounce in Canadian Dollars, equivalent to ¥89,629.16 JPY per ounce or ¥2,881.64 JPY per gram. Gold fell -2.96% 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 — SEPTEMBER 2, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$859.34 | C$27.63 | C$27,628.38 |
| JPY | ¥89,629.16 | ¥2,881.64 | ¥2,881,640.30 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$885.92 | ¥92,401.46 |
| High | C$897.45 | ¥93,604.04 |
| Low | C$844.18 | ¥88,047.97 |
| Close | C$859.34 | ¥89,629.16 |