GOLD PRICE IN JAPANESE YEN — OCTOBER 21, 2008
💱 XAU/JPY · Tuesday, October 21, 2008
On Tuesday, October 21, 2008, the gold spot price was C$928.36 per troy ounce in Canadian Dollars, equivalent to ¥96,827.95 JPY per ounce or ¥3,113.09 JPY per gram. Gold fell -1.26% 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 21, 2008
| Currency | Per Ounce | Per Gram | Per Kilogram |
|---|---|---|---|
| 🇨🇦 CAD (base) | C$928.36 | C$29.85 | C$29,847.42 |
| JPY | ¥96,827.95 | ¥3,113.09 | ¥3,113,086.31 |
SPOT OHLC (CAD)
| Metric | CAD | JPY |
|---|---|---|
| Open | C$961.81 | ¥100,316.78 |
| High | C$961.81 | ¥100,316.78 |
| Low | C$930.30 | ¥97,030.29 |
| Close | C$928.36 | ¥96,827.95 |