GOLD PRICE IN JAPANESE YEN — OCTOBER 14, 2008
💱 XAU/JPY · Tuesday, October 14, 2008
On Tuesday, October 14, 2008, the gold spot price was C$972.37 per troy ounce in Canadian Dollars, equivalent to ¥101,418.19 JPY per ounce or ¥3,260.67 JPY per gram. Gold rose +1.18% 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 14, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$972.37 | C$31.26 | C$31,262.38 |
| JPY | ¥101,418.19 | ¥3,260.67 | ¥3,260,665.83 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$986.09 | ¥102,849.19 |
| High | C$986.09 | ¥102,849.19 |
| Low | C$969.11 | ¥101,078.17 |
| Close | C$972.37 | ¥101,418.19 |