GOLD PRICE IN JAPANESE YEN — OCTOBER 10, 2008
💱 XAU/JPY · Friday, October 10, 2008
On Friday, October 10, 2008, the gold spot price was C$1,006.55 per troy ounce in Canadian Dollars, equivalent to ¥104,983.17 JPY per ounce or ¥3,375.28 JPY per gram. Gold fell -0.70% 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 10, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$1,006.55 | C$32.36 | C$32,361.29 |
| JPY | ¥104,983.17 | ¥3,375.28 | ¥3,375,282.24 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,089.27 | ¥113,610.86 |
| High | C$1,089.27 | ¥113,610.86 |
| Low | C$991.96 | ¥103,461.43 |
| Close | C$1,006.55 | ¥104,983.17 |