GOLD PRICE IN JAPANESE YEN — OCTOBER 9, 2008
💱 XAU/JPY · Thursday, October 9, 2008
On Thursday, October 9, 2008, the gold spot price was C$1,013.62 per troy ounce in Canadian Dollars, equivalent to ¥105,720.57 JPY per ounce or ¥3,398.99 JPY per gram. Gold fell -0.37% 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 9, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,013.62 | C$32.59 | C$32,588.59 |
| JPY | ¥105,720.57 | ¥3,398.99 | ¥3,398,990.20 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,036.12 | ¥108,067.32 |
| High | C$1,055.63 | ¥110,102.21 |
| Low | C$1,013.51 | ¥105,709.09 |
| Close | C$1,013.62 | ¥105,720.57 |