GOLD PRICE IN JAPANESE YEN — SEPTEMBER 11, 2008
💱 XAU/JPY · Thursday, September 11, 2008
On Thursday, September 11, 2008, the gold spot price was C$796.75 per troy ounce in Canadian Dollars, equivalent to ¥83,101.03 JPY per ounce or ¥2,671.76 JPY per gram. Gold fell -2.00% 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 11, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$796.75 | C$25.62 | C$25,616.07 |
| JPY | ¥83,101.03 | ¥2,671.76 | ¥2,671,756.12 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$813.19 | ¥84,815.72 |
| High | C$813.19 | ¥84,815.72 |
| Low | C$794.28 | ¥82,843.40 |
| Close | C$796.75 | ¥83,101.03 |