GOLD PRICE IN JAPANESE YEN — OCTOBER 3, 2008
💱 XAU/JPY · Friday, October 3, 2008
On Friday, October 3, 2008, the gold spot price was C$893.64 per troy ounce in Canadian Dollars, equivalent to ¥93,206.65 JPY per ounce or ¥2,996.66 JPY per gram. Gold fell -1.27% 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 — OCTOBER 3, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$893.64 | C$28.73 | C$28,731.15 |
| JPY | ¥93,206.65 | ¥2,996.66 | ¥2,996,659.11 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$897.52 | ¥93,611.34 |
| High | C$910.24 | ¥94,938.03 |
| Low | C$887.28 | ¥92,543.30 |
| Close | C$893.64 | ¥93,206.65 |