GOLD PRICE IN JAPANESE YEN — SEPTEMBER 18, 2008
💱 XAU/JPY · Thursday, September 18, 2008
On Thursday, September 18, 2008, the gold spot price was C$947.42 per troy ounce in Canadian Dollars, equivalent to ¥98,815.91 JPY per ounce or ¥3,177.00 JPY per gram. Gold rose +4.61% 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 18, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$947.42 | C$30.46 | C$30,460.22 |
| JPY | ¥98,815.91 | ¥3,177.00 | ¥3,177,000.55 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$923.22 | ¥96,291.85 |
| High | C$966.74 | ¥100,830.98 |
| Low | C$887.25 | ¥92,540.18 |
| Close | C$947.42 | ¥98,815.91 |