GOLD PRICE IN JAPANESE YEN — SEPTEMBER 8, 2008
💱 XAU/JPY · Monday, September 8, 2008
On Monday, September 8, 2008, the gold spot price was C$849.42 per troy ounce in Canadian Dollars, equivalent to ¥88,594.51 JPY per ounce or ¥2,848.38 JPY per gram. Gold rose +0.12% 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 8, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$849.42 | C$27.31 | C$27,309.45 |
| JPY | ¥88,594.51 | ¥2,848.38 | ¥2,848,375.38 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$863.80 | ¥90,094.34 |
| High | C$866.14 | ¥90,338.40 |
| Low | C$848.25 | ¥88,472.47 |
| Close | C$849.42 | ¥88,594.51 |