GOLD PRICE IN JAPANESE YEN — OCTOBER 15, 2008
💱 XAU/JPY · Wednesday, October 15, 2008
On Wednesday, October 15, 2008, the gold spot price was C$995.92 per troy ounce in Canadian Dollars, equivalent to ¥103,874.46 JPY per ounce or ¥3,339.64 JPY per gram. Gold rose +2.42% 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 15, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$995.92 | C$32.02 | C$32,019.53 |
| JPY | ¥103,874.46 | ¥3,339.64 | ¥3,339,636.47 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$1,000.68 | ¥104,370.92 |
| High | C$1,011.65 | ¥105,515.10 |
| Low | C$991.27 | ¥103,389.46 |
| Close | C$995.92 | ¥103,874.46 |