GOLD PRICE IN JAPANESE YEN — OCTOBER 17, 2008
💱 XAU/JPY · Friday, October 17, 2008
On Friday, October 17, 2008, the gold spot price was C$927.75 per troy ounce in Canadian Dollars, equivalent to ¥96,764.33 JPY per ounce or ¥3,111.04 JPY per gram. Gold fell -1.92% 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 17, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$927.75 | C$29.83 | C$29,827.81 |
| JPY | ¥96,764.33 | ¥3,111.04 | ¥3,111,040.78 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$943.00 | ¥98,354.90 |
| High | C$953.63 | ¥99,463.61 |
| Low | C$914.40 | ¥95,371.92 |
| Close | C$927.75 | ¥96,764.33 |