GOLD PRICE IN JAPANESE YEN — SEPTEMBER 4, 2008
💱 XAU/JPY · Thursday, September 4, 2008
On Thursday, September 4, 2008, the gold spot price was C$853.27 per troy ounce in Canadian Dollars, equivalent to ¥88,996.06 JPY per ounce or ¥2,861.29 JPY per gram. Gold rose +0.09% 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 4, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$853.27 | C$27.43 | C$27,433.23 |
| JPY | ¥88,996.06 | ¥2,861.29 | ¥2,861,285.66 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$857.02 | ¥89,387.19 |
| High | C$865.25 | ¥90,245.58 |
| Low | C$850.07 | ¥88,662.30 |
| Close | C$853.27 | ¥88,996.06 |