GOLD PRICE IN JAPANESE YEN — SEPTEMBER 3, 2008
💱 XAU/JPY · Wednesday, September 3, 2008
On Wednesday, September 3, 2008, the gold spot price was C$852.47 per troy ounce in Canadian Dollars, equivalent to ¥88,912.62 JPY per ounce or ¥2,858.61 JPY per gram. Gold fell -0.80% 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 3, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$852.47 | C$27.41 | C$27,407.51 |
| JPY | ¥88,912.62 | ¥2,858.61 | ¥2,858,603.00 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$855.55 | ¥89,233.86 |
| High | C$855.55 | ¥89,233.86 |
| Low | C$840.68 | ¥87,682.92 |
| Close | C$852.47 | ¥88,912.62 |