GOLD PRICE IN JAPANESE YEN — SEPTEMBER 17, 2008
💱 XAU/JPY · Wednesday, September 17, 2008
On Wednesday, September 17, 2008, the gold spot price was C$905.69 per troy ounce in Canadian Dollars, equivalent to ¥94,463.47 JPY per ounce or ¥3,037.07 JPY per gram. Gold rose +8.97% 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 17, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$905.69 | C$29.12 | C$29,118.57 |
| JPY | ¥94,463.47 | ¥3,037.07 | ¥3,037,066.59 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$837.55 | ¥87,356.47 |
| High | C$864.40 | ¥90,156.92 |
| Low | C$837.55 | ¥87,356.47 |
| Close | C$905.69 | ¥94,463.47 |