GOLD PRICE IN JAPANESE YEN — SEPTEMBER 16, 2008
💱 XAU/JPY · Tuesday, September 16, 2008
On Tuesday, September 16, 2008, the gold spot price was C$831.17 per troy ounce in Canadian Dollars, equivalent to ¥86,691.03 JPY per ounce or ¥2,787.18 JPY per gram. Gold fell -0.64% 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 16, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$831.17 | C$26.72 | C$26,722.70 |
| JPY | ¥86,691.03 | ¥2,787.18 | ¥2,787,177.33 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$832.45 | ¥86,824.54 |
| High | C$832.45 | ¥86,824.54 |
| Low | C$831.70 | ¥86,746.31 |
| Close | C$831.17 | ¥86,691.03 |